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tamae
HUNT'S MERCHANTS' MAGAZINE.
REPRRSENTir^G THE COMMERCIAL
VOl.
AND
NEW
JH.
YORK, MARCH
Financial.
(mCORPORATED NOVEMBKH,
WAIX
NEW YORK.
1859.)
Draw Exchange on Union Bank
EsoRATrso AND Pbistino ot
BANK-NOTES, STATE AND RAILROAD BONDS.
POSTAOE AND REVENUE STAMPS,
OBBTIFICATES, DRAFTS. BILLS OF EXCHANGE,
AND COM.MKRCIAL PAPERS,
oovemments and Banlcin^ Institutions—South
American, European, West India Islands, Japan, &e.
Centrale
^400,000
200,000
to
COLLECTIONS, and
prompt remtttanoes made on day of paymenc.
Bostoa business paper discounted. Correspondence
l
avlted.
world
;
also.
Time and Sight
BANK OK LONDON.
Bills
all
parts of the
on the
UNION
Cable Transfers made.
STREET,
NEW YORK.
Transact a General Banking Business.
STOCKS, BONDS and GOLD Bought and Sold on
Commission, and carried on Margins.
DepoBlu deceived and Inle;esil Allowed.
tar Accounts of Country Banks and Bankers
ceived on favorable term s.
re-
Charles G. Johnsen,
nERCUAJKT AMD BAIVKER,
«EW ORLEANS,
TBANSACT8 A
BANKERS,
GOVERNMENT
n.
BAAB.
J.
IJ4
50 Pearl Street,
O. T.
BOSTON,
Co.,
or
Lambarg and
Loudon, (Limited.)
HOUSE IN EUROPE,
«»HN BBBENBEr.U, GOSSLER 4c CO
HAMBURG.
&
J.
|.
Stocks, Bonds, and Gold
clal attention paid to
&
Stuart
Co.,
STREET.
33 NASS.Ai;
S,>»
A. H. Brown
&
BILLS OF
EXCUA.NGE ON
SMITH, PAYNE & SMITH'S,
BANKERS, LONDON
Co.,
Bankers and brokers,
New, New York.
T W^all St., Cor.
Boissevain 6c_,Co.
BANKERS
;
MANCHESTER & COUNTY BANK,
" LIMITED"
JOHN STUART & CO., Bankers,
.MANCHESTER, PATAllLE IN LONDON;
ULSTER BANKING COMPANY,
BELFAST, UiELAND;
AND OX TnB
BANK OP
NATIONAI.
SCOTI.ANIK
ALSO,
CABLE TRANSFERS AND LETTERS OF CREDIT
nBRCHANTS, Hilmers,McGowan& Co
AMSTERDAM, HOLLAND.
N. T. CorrespondCDta.—Messrs.
BLAKE BROS. A CO,
BROKERS
BROADTTAT,
See iiaotstloiu of City Rallroada in Uila paper:
IN
FOREIGN EXCHANGE AND GOIiD,
63 IVall Street, New York.
H. L. Grant,
No. 145
Bank
International
BUXHKEXn.VDT
&
8U;a Street
OOBBKSPONDKNTS 07
AND
45 WALL STREET.
DEALERS IN SPECIE AND UNITED STATES
OOininiSSION
Co.,
'B
GOSSLER
Haar & Co.
BANKEBS AND BROKERS,
Adolph
&
New York.
Pear) Street.
IVALL STREET
BXKOSTLEB.
known,
always com-
(LlxrPBD). -LONDON.
Foote,
BUT AND 8ELI.
BONDS, GOLD, STOCKS
sell
well
will
LONDON AND HANSEATIC BANK
MISCELLANEOUS SECURITIES,
J.
now
TIckelt, It Is
and the prices
NEW yoKK,
&
No. 12
;
AGENTS KOB TBK
BOUGHT AND SOLD.
lA
Slock Exchange, at
Send for samples and estimates.
the orders.
1
NEW YORK.
CITY RAILROAD STOCKS & BONDS
166 GRAVIER STREET
New York
G. Amsinck
9,000,000 Francs.
-
Engraved
Special attention to business of country banks.
6c Francis,
BANKERS AND BROKERS,
NEW
miui
INVESTMENT SECURITIES.
Trask
No. 7
Ou.' Stefl
OKDEKS EXECUTED AT THE PHILADELPHIA
AND BOSTON STOCK EXCHANGES
WAI.L STREBT, NE\r YORK,
and
Railroad Ticketi a Specialty.
cannot be equaled
.
GENERAI. BANKING BUSINES*.
for ca.sh or on margin.
orders for Investments
BANKERS,
Issue Letters of Credit, available In
-
SECUHITIKS. Huy and
Kountze Brothers,
la
Anversoise,
Paid-Up Capital,
BOSTON.
Riven
Certificates of Stock for Railroads
required by the
art. as
Antwerp
Hatch
Maverick National Bank
Special attention
Bonds and
CORP.ESPONDENCE SOLICITED.
Sam'l Phillips, Cashier.
Snrplns,
and
collected
prices very low. In accordance with the limes.
SHEPARD, Treasurer.
CUARIKK, Secretary.
Capital,
Interest
Banque
H. VAN ANTTTEBP, Pres't.
inACDONOUUH, Vlce.Pres't.
PoTTan, Prcst.
EDWABD P. BAKER, Gen'l Ag't.
ENGRAVERS AND PRINTERS.
Corporations Engraved In the highest style of the
JNO. E.
p.
President.
M. C. Smith, Treasurer.
Dividends. Coapons and
tiotnmunlcatione majfbeaddrettedtotMt
in any language,
Asa
HOMER STUAKT.
paying Interest
In
remitted.
Company
A. ».
•,.„
«ora.
"«" v«-ir
i
f
TouEO RoBX&Tsox, Vice-President.
Jabkd K. Mvees, Secretary.
C'jupons and Dividends, and also as Transfer Agents.
>
This Company engraves and prints bonds, postage
fiamps and paper money for various foreign
J.
J.
Commercial Paper, Gold, ftc, bought
Act as agents for Corporations
ic the highest styla of the art with tpeeial ea^tovard* devUed and patented, to prerent counter
alterations.
44 Grecnwioli Street,
Cor. LiBBRTT Street,
and sold on Commission.
Onited States Bonds, Notes, Cnrrenoy
and National Bank Notes.
Company,
1
pantile
i3onds. Stocks,
()(52.
Continental Bank-Note
of London.
Aceounts and Agencies of Banks. Bankers and Uer"
Firms received upon favorable terms.
STREET,
£5aBAYER8 OF TDK
and
Co.,
No. 52 William Street,
Co.,
NEW YORK.
teiling
Ni»
Financial.
&
Paton
Jesup,
National Bank-Note
1
1878.
2.
Financial.
TBK
OFFICE, No.
INDlTSTRrAL INTERESTS OF THE] UNITED STATES
(F. O.
BOX
a,SI7.)
Bpeolal attention paid to the negetlatlon of
merclal
Com
kills.
McKim
Brothers
&
Co.,
BANKERS,
47 Wall
Str««<, attw
York.
!
.
THE CHRONICLK
Soutnern Bankers.
Boston Baabers.
George H. Holt,
Member K. Y. Stock Excbang
Gxo. Wm. Ballotj.
Oeo.Wm.Balloii&Co
8
WALL STREET,
New
12
DEVONSHIRE
ST.,
No.
U.
personally. Correspondence sollclte-l.
Collecllens made and promptly reailtted for.
eign coins.
Commercial
and Bonds.
HOUSTON, TEXAS.
41 ItlAIN ST.,
JxD.O^T^iShe^.
IN
CA^ Co.
BANKERS,
MADE TEROVQHOVl THE
COLLECTIONS
BPYS AND SELLS EXCHANG" ON ALL THE
PRINCIPAL CITIES OF THE UNITED
Inveptmetit Securitlea constantlTon h^vDC.
STATES AND EUROPE.
&
Co.,
Adams &
Ne«r York.
Tiansact a General Banking Business, Including
B A N.K £ B U
40 STATK STREET, BOSTON.
DAI.I.A.$,
DEALERS IN (lOVERNMENT
Parker
BANKBBS,
7S
Bay and
&
Stackpole,
Investment Securities For
P. O. BOX ifiil.
M'estern
and
Cltjr
&
&
Co.,
BANKERS AND PROKBRS.
BAI.TIK.ORE.
INVESTMENT
VIRQINIA SECURITIES
and
a
ipeclalty.
CorreapoQdence
nlBhed.
N. \,
solicited
and
Information
COBRKSPOSDEUTS— MoKlm Brothers &
fni-.
<'>.
Austin,
Bell
J.
STOCK BROKER,
a03 WALNUT PLACE (31G WALNUT
PUIIiADELPHIA.
ST.),
Ordcra In Stocks and UondB promptly executed
he Fhlladelptiia and Now J^ork Boards.
at
Sontbem Bankers.
Anglo-Calitornian Bank
K. Bbbsubb, Pres't.
Issue Com
Exchange, available in all
Collecllons and orders for Bonds
Stocks, etc.. executed upon the most lavorable term?
1
FRUD'K F. Linv,
,,
IG.VATZ STKlSllAUr, i**»''"8"'P. N. L'LIKNTHAL Ca.hler
and
IHOB. p. JSILIKE,
all
EBERT.
Pres't.
R ». WI1I.IA5IS,
J.NO.
w. MILLEK
&
ALABAinA.
SAN FRANCISCO, CAL.
Reserve,
........
Savannali, Georgia,
AND
New
Vork,
Broker and Dealer In Southern Securities. Loans
Negotiated. Advances made on Securities placed In
my bands for sale at current rates.
Repeeences.— Henry Talmadge & Co., and Eugene
Kelly & Co., New York; Southern Bank, Savannah, Oa
THE CITV
B.INK OF HOUSTON,
Capital, $500,000,
Houston,
CHAMPAION,
OFFERS F O SALE
18fil.]
Texas.
Wc tlve special attention to collections on all accesDiRacTOBS.— Benjamin A. Botts. Pres't: C. S. Lone*X-;':,',','"="I'"F.A glee, C.C.Baldwin, W.
K^,?!
Blole points.
i
ILIi.,
li
REAIi ESTATE FIRST IflORTGAGB
COUPON BONOS,
f l.iXV and upwards, yielding EIGHT to
per cent eeinl-aunual Interest, and negotiated
the houses of
amounts of
liCI^yjIAM
TRKVKTTA
<t
it
ifATTlS, Champaign.
rULT.EYS, Council /Huff's, Iowa.
Bh'YER, Crinnell, loivd.
111.
All tlic.'^e loans are carefully made, after pcrBonal
Inspection of the security, by members of the above
firm.s, who. living on the ground, know the actual
value of lands and the character and responsibility of borrower-s and who^e experience In i he business for the past SIXTEEN VEAKS has enablod them
to (five entire satisfaction to iuvestors.
Unufcual facilities offered for the prompt collection
of defaulted municipal bond*.
810
P. Ct. Interest
Iowa Bonds & Mrrigages
GEO. W.
FRANK
<fc
DAK
ROW, BAKIvEKSaiidNegolIa
of Loans, Corning. Iowa
and 195 Broadway, Western Union lUdg N. V.,make
loans on the best improved farms in Iowa, at 8 t» 1
per cent interest. Always first Hens and Improved
.'iims
never exceeds une-thlrd tlie ca!*h valne
cf the land alone.
The bonds have coupons
attached, and the Interest is piild semi-annually, at
the Central National Bank, In New York, and the
principal, when due. at the same hank. bt'Veral years
experienc-e of the firm lu loaning has shown '.hese
loauH to be
toi 8
,
;
LOUIS MoLANE,
President.
VIcc-PrcBldent.
FLOOD,
J. C.
C. T.
Street,
2,500,000
CIIRISTENSEN, Cashier
COERESPOXBENTS:
ames Hunter,
20 Pine
A, C. Burn ham,
[Established
l:e-
OP SAN FKANCIb.CO,
at Liverpool. Liverpool
Box 8L
Bank.
Bank.
Co.'e
Capital, fully paid in coin, $10,000,000
OoiTe»pondeDt8. — German American Bank. Ni-w
rprk; Louisiana National Bank. New Orleans! BauK
J
$250,000
185,000
The Nevada Bank
Co.,
Special attent/on paid to collections, with prompt
remlttan ;e8 at current ratea of exchange on day of
[MlymeBt.
p. O.
Circular Notes and Letters of Credit through Messrs.
lES & CO.. '*t PARIS, payable In any
hURNIlAM,
CORRESPONDENTS.
&,
and Sao
LAZARD FUE
l^rHMIAM
A.J.WILLIAMS, VlcePrcs't.
Sax Francisco— Wells, Fargo
legra[ h to Paris
tiirougli
G. COLLINS, Cashier.
New Yore— Tradesmen's National
BANKERS,
IVfOBILE.
.....
Money by
part of Europe.
TEX
DENVER, COLORADO.
Capital Stock,
Capital Paid-in,
PRINCIPAL CITIES IN EUROPE.
the
Transfers of
Francisco.
in
Exchange Bank,
CO.,
PARIS,
mlttances promptly made.
ptrtw of th« TTnltefl States
Thos. P. Miller
LAZARD FKERES &
Bill? of
parts of the worlJ.
Especial attention given to Collections, and
WIIiMINtiTiBN, N. r.
Collecliona m«.i> nn
On
Traneact a general Bauklng DuFiness.
mt-rcial Credits
F. J.
Bank,
St.
Agents, J. & W. Se!i!;man & Co.
Antborized Cnpitnl, •
$6,000,000.
Paid-up and Reserve,
1,550,000.
A. K. Walker, Casbiei
National
First
05 Pine Street,
And on
NEW YORK
S.
li.
W. TBABK
DRAW SIGHT & TIME BILLS on the UNION BANK
(LIMITED).
Wilson, Colston
W JIcLkll-in. Je.
Lazard Freres,
Moodv ft JemlBOD.
LONDON, HeadOfflce, 3 Angel Court.
SAN FRANCISCO Office, 422 California
Baltimore Backers.
C.
Sale.
LONDON.
County Bonds.
Phila.
A. M. KiDDIB.
Western BankO'S.
DKVONSHIKK STREET
BOSTON,
Sell
,
on a margin.
lor cash or
TEXAS.
New Vork Oorresnondent
STOCKS, BONDS and GOLD
jurchaBo and sale of
Leonard,
BANKERS,
SKCU-JITIES, Gold,
County and I^llroad Bonds.
WALL STREET AND BROADWAX
COR. OP
Board
BroKcra
AaetiouB, and Frlrz-te Sale.
State, City,
for-
Deposits received In Currency or Gold,
I-IATB
Chas. A. Sweet
sold In
and
Gold, Silver and Negotiable Securilies.
aDd
at
a>rl
to suit Investors; also Gold, Silver,
BANKER,
paper.
on CommiBSlon
NEIV YORK.
and Interest allowed on Balances. Special attention
paid to Investment Orders foi' Miscellaneous Stocks
W. House,
DEALER
fioston, masK.
Or.ters executed
ST.,
Government Bonds bought
amounts
T.
Co.,
NASSAU
5
S.
Absolutely safe loans made on property
worth, at present low valuations, 3 to 5 times the
loaned. Titles perfect and property visited
CONGRESS STKKET,
Dfalers In Stocks. Bonils, Gold
BANKERS.
Austin, Texas.
TaXAS FARM MORTGAGES A SI'ECIALXr,
10-12 per cent Interest, payable In New York semi-
BANKERS,
No. 35
CO.,
&.
HATCH,
FISK &
OF
FORSTER
Municipal Bonds.
&
BANK
GERIHAIS-A9IERICAIV
amount
BANKERS AND DEALERS IN
Brewster, Basset
Financial.
annually.
Boston,
Vork,
Vol. XZVI.
LONDON
NEW YOKE
SMixn, Payne & Smiths.
The Bask of New Yoke. N. B. A
The Bank of New Tork,N. B. A., 1b prepared to Issue
Telegraphic Transfers, Letters of Credit and Drafts
on The Nevada Bank of San Francisco.
C. F. Psxzi-L,
President.
j
j
STATE BANK,
Incorporated
>
Ua. }
C. T. Walkib
Cashier.
German Bank,
LITTLE BOCK, ARK.
CAPITAL
$T5,000.
25,000.
(Paid-i.v)
Suai-Lus
Prompt attention given
to all buslncBs In our line.
N. Y. CoanKSPoNDEN'T. Donuell. Lawson & Co.
PERFECTLY SAFK
The interest and prinelpal have always l,»cpi, paid
when due, witbout thr lups of a dollar, tend for full
printed partleul.irs, or call at the New York oflice
and examine maps and anpllcutlous for luaos lu sums
ranging from $500 to ?r.,OCX).
HEFKh'KNCES :
Wm. A. TVheelock, Esq.,
Frest. Cent. Nut'l Rant, N.T.
Giiman, Son He Co., Ban^."er8, 41 Exchanse Place, N. T»
H. C. Fabnestock, Eeq.. First National Rank. N. Y.
Henry H. rainier. Esq New Rruiiswick, N. J.
Cbas. J. SUirr, Esq., Sliunford, Ct.
A. .1. Odell, Et^q., Sec'v R. L. & W. RR. Co.
Aaron Healy, Ei-q.. 5 Ferry street. N. V.
Edwards & Odell, Attorneys, ai William street, N. Y.
,
A
Solid
Ten Per Cent.
OLD AND TRIED.
Honds, Slocks. SiVlN'US U.\NKS
R. T.
Wilson
&
Co.,
EVEN, prove
llic o[a CK> I'li.M. ll.LlNllia l.u&K
stands unnioVrd amidst the storm. If yoa
wish InvcBimcnts All OLU ELY SAKE IN
c<>NTINUENt:y. adorosH. fur circular-*" Actuary of
blltllc reeds,
AOKX'jV
ANY
BANKERS AND COMMISSION MERCHANTS, KANSAS, MISSOURI « CENTRAL ILLINOIS UiAS
2 Excbai'ge Court,
New
Ifork.
l
AU£KCy,"
JiuCKSosTiLLX. III.
;
MAHcn
IHE CHRONICLE
2, 1878.
Canadian Bankers
Financial.
American
BAJVIi-IVOTE
OFFICE,
BaNK-NoTKS, lloNUS FOR (lOVERNHSNTa AND COB
P0RATI1IN9, 1111,1,8 OF KXCUANOK, CKHT1FI0ATK3
OF Stock, rosTAOB and Kkvknck Stamps
roUCllS OF INSURANCB, ANS ALL
Kinds of Skoubities,
AUTISTIC STYLE,
AXD
IS A
BUILDmO PROOF AOAiyST JFIBE.
ALEKKT
C. L.
Toko.
II.
OOODALL,
O.
Van Zandt,
President,
Frbkland, Sec. Ogo.
II.
NEW
YUHK,
rr
.
HAS SPECIAL FACILITIES FOU ACTING AS
Traii»rer .Agent niid
Registrar of Stocks.
Authorlred by \w to act as P'xocutor, Admlulstrafor.
Guardian, Ilccelvcr, or Trustee, aai
Is
Buys and
Sells sterling
KD'.VAUD KINO, yv«nl««l.
M. .McLrax,
Is!
Mce-FrcuMfnt.
Wm. WniTKWBiGWT,
2d Vice Prt'ii 'ent,
isbues Comiiiercial Credits available everywhere.
la-.'^l/fDit'^.i Agents.
bank
CANADA.
Merchants'
or
Capital,
SAMURt. Wiliets,
Wm. WjlITKWniGHT,
Oko. Cabot Ward,
TllEODOItE liCOSKVlCLT.
& Clinton
Cor. of Montague
sts.,
Brooklyn, N. T.
Company Ik aothonzei by special
as receiver, trustee,
trator.
charter to ac
gaardiac, execu or or adminis-
1* can act as agent In the sale nr mnnsgement of real
estate, Ciilleet lute-ett or uivideiiUs, receive registry
an(* t.'-ansfer books, or make purcbast and sale of Gov*
era^ tiit a^a other securities.
Beligious and charitable Instltntlons, and persons
nnacru.tomed to Die cranfiactlon of business, will find
this Company a safe and convfiiieat dr;poaitory for
KlPl-Ky liuPKS, President.
money.
CHAS. K MAK7IN,
EOOAB M. Cci,lrn, Counsel.
VIcs-Fres
t.
TRUSTEES:
Alex.McCne,
P. Kolfe,
Chas. If. Marvin, A. A. Low,
Tliomas SulUvan, Aiim. B. Baylts, Henry K. Sheldon,
H.E. Picrrepont, Dan'lChauncey, .John T. Martin,
Alex. U. White,
Joslah O. Low, P.ipley Ropes,
Aostln Corbip.
Kdinund W. Corlie:*.
John
Wm.
N. T.
K.
BUNKKK,
$6,200,000, Paid Up.
-
.
HEAD
OFFICE, mONTREAL.
BANKERS.
LONDON, ENO —The Clydesdale Banking Co.
NEW YOKK—The Bank of New York-N. B. A.
National Bank of the Itepujllc.
The New Vork Agency buys and sells starling Exchange, Cable Transfers and Gold, Issues Credits
available in all parts of tUe world, mukes collections
In Canada rnd elsewhere, aid Issues Drafts payable
at aay of the odicci of the bank In Canada
Demand
Grafts Issued payable In Scotland and Ireland, and
every oeacrlptlon of foreign banking busluess undert.iken.
New York Agency, No.
with
52 William St.,
JESUP, P.VTON & CO.
ITIesHrs.
Bank
Montreal.
ot
CAPITAL,
SURPLUS,
$12,000,000, Gold.
5,500,000, Gold.
-
-
ANGUS,
General Manager
Smitbebs,
Smithebs,
)»»««>.
Waltbb Watso.v, f ^Sfi"^"-
C. F.
Bay and eoll Sterling Exchange, Francs and CaWe
Transfers; grant Commercial anil Travelers' Credits, available in any part of the world
issue drafts
;
on and make coliectious in Chicjigu and throughout
the Domiuion of Canada.
Canadian Bankers,
The Bank of Toronto,
CANADA.
Reserve,
$2,000,000.
$1,000,000.
London
Ofllcc,
OF
Duncan Coulhon, Cashier; Hugh
Lkacii, .\8st. Cash
Branches at Montreal, Peterboro, Cobourfp, Port Uope
Barrle,&t. Cntliarlncg. Colllagwood.
UANKEUS:
London, England.— The City Bank.
National Hunk of Commerce,
Kw,3j
J
*'* v-,o»
'''""'•!c.T'\Smltlicr8nnd W. Watson.
Collections made on the best terms.
Capital Paid
HEAD
THEY ALSO ISSUE COMMERCTi L CREDITS
MAKE CABLE TliANSFEKS OF MONEY BETWEEN THIS COUNTBY AND E.SGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.
&
G.
S,
;
D.
It.
WILKIE,
BARING BROTHERS
Dealers In American Currency and Sterling Exchange.
In
CO-WPANT
&:
52 WALL STREET. NEW YORK.
28 STATF. STREET, BOSTON.
Munroe &
John
Co.,
No. 8 Wall Street, New York,
No. 4 Post Office Square, Boston.
CHEQUE T AND CABLE TRANSFERS ON
nUNROE
Sc CO., PARIS.
STERLING CHEQUES AND BILLS AT SIXTT
DAYS' SIGHT ON
ALEXANDERS & CO., LONDON.
CiROULAK Notes and Cbedits fob Tbatzlbbs.
J.&W. Seligman&Co.,
•
EXCHANGE PLACE,
CORNER BROAD STREET. NEW
1 OP.K.
Issue Letters of Credit for Trarelers,
Payable In any part of Europe, Asia, Africa, Australia
and America.
Draw Bills ot Exckange and make telegraphic trails
fers of money on Europe and California.
Henry
&
King
S.
Co.,
BANKERS,
45 Pall nail, London, England.
CIRCULAR NOTES />"«<!/ cAaiv«, available
Issue
in all parts of the
world.
COMMERCIAL CREDITS
for
me
agalnat
$1,000,000.
Execute Orders on the London Stock Exchange.
Make
Collections on
a:i
Points.
Itecelve Deposit
and Current Accounts on favorable terms, and do •
MDRRAY, Cashier
p.
<i.;
ONT
;
PaBK HtLL, OsT,
JOMETTX,
P. Q.
KING, BAILLIE dc CO., LiTerpool.
NEW YORK 00KUESP0NDENT8,
Mesars.
WARD, CIMPBELL *
CO.
Cashle.
THOMAS, INOERSOLL, WELLAJ.D.
New York;
Bank or Montreal,
59
•
C. K.
Pres't.
BXDFOBD,
AOUXCIBS:
Wall street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In gold
or carrency, discounted on reasonable terms, and
proceeds remitted to any part of the United State! bj
gold ar ciurenci dr»lt on Hew Vork.
Knoblauch
QCEnEO, VALUtTFIELD.
PORT COLBORNE.
Agents
G. C. Ward,'
AGENTS FOB
Consignments of .Merchandise.
BRASCBIS:
BE.«D OFFICE, TORONTO.
Agents In London
BOBANQUBT, Salt a Co.,
93 Lombard street.
-
HaSIILTOS, O.ST.; AVLMEE,
iKCHESt-ST. CATHERINES,
BT.
of the world.
Grant
OFFK'E, IVONTRE.AL.
OAULT,
81,000,000.
President
Bank
CA.NADA.
Up
Bank of Canada
Capital,
CO.,
General London and Foreign Banking Buslneas.
M. H.
UOWLAND,
No. 9 BIrchIn Lane.
Exchange
OFFICE, 1 0RONTO.
Imperial
&.
LONDON.
>
59
yew YORK OFFICE,
50 & 61 W^ALL STREET.
Stocks,
WATL STREET.
HEAD
ST.,
Issue, against cash deposi d, or satisfactory guarantee of repayment. Circular Credits for Travelers, In
dollars for use In the United SUtes and adjacent
countries, and In pounda attrtipff for use In any part
President
R. B.
Nos,
GAS STOCKS,
Cipiial,
mOHOAN
H.
OLD BROAD
BANKERS,
GEORGE STEPHEN,
Secretary
Beers, Jr.,
Brooklyn
i )i
Attobnbts and Aobkts or
nea*r«. J.
Uenry Sanger,
J.S. Kockwell,
ParU.
I
Deposits received subject to Draft. Secnritlea.Oold,
ftc, bought and sold on Coninil»eion. Intel eiit allowed
»n iieposlts. Foreign Kxchaniie. Commercial Credit*.
Cable Transfers.
Circular Letters for Travelers,
available lo all parts of the world.
WJd. J. INGiiAM, Astt. General Manager.
The Brooklyn Trust Co,
This
& Co
Boulerard Haaasmann
31
DOMESTIC AND FOREIGN BANKERS.
OEO..OE H.IGUE, General Manager.
H. OGILVIK, Secretary.
J.
-
President, the Hon. .loil.v HAMILTON.
Vice President, JOHN McLKXN.^N, E8<1.
EXECUTIVE COMMITTEE.
M. McLean,
B..H. HUITO.V,
E. B. Wrslet,
6. G. Williams,
Exchange, and makes Cable
Transfers of Monev-
a
Interest allowed on Deposits, which may he made
and withdrawn at any time.
N. B.—< 'hecks ou this institution nass through the
.1.
Drexol, Hnrjes
i
St.,
Philadelphia.
No. ii
$6,000,000 Gold.
$1,900,000 Gold.
Surplus,
LEGAL DEPOSITORY FOR MONEY.
ClearlnK-lIouse.
Co.,
South Tuibd
The Canadian
Capital,
$1,000,000.
.
.
31
of Commerce, Brown Brothers & Co.,
CO. Bank
No. 59 WALL ST., N. Y.,
No. 50 AVALL STREET.
No. 73 Brondtva}', Cor. Hector St.
CAPITAL,
Cable Transfers.
Drafts on Scotland and Ireland, also on
Canada, Dritlsh Culumbla anil Sun Francisco. Bills
Collected and other Banking Iluslnrss transacted.
n. A. MacTAVISU,S ._,-,.
Attents.
O. M. JIOBUIB,
J
Demand
&
Drexel
No.
rates; also
&
UNION TRUST
OF
STIIEET.
Commercial Credits Issued for use In Eorope, Chtaa,
Jspan. the Kast and West Indies, and South America.
Demand and Time lillls of Exchange, payable In
London and elsewhere, bought and sold at current
Mana^r.
Staynsr, Treas,
Vicc-Pres.
WALL
No. 53
Co.,
tVALL STREKT,
CORNER OF BROAD, NEW YOBZ.
North America,
York.
&
Morgan
Drexel,
CO... Bank of British
EN ft HAVES AND PRINTS
IN TUi: lUOSX
Financial,
THE
AGJEKCV OF
BROADWAY,
113
Now
111
FOREIGX AGElfTS:
LONDON.-The Alliance Bank (Limited).
NEW YOKK.-The National Bank of Commerce
Messrs. Hllmers, McGowan ft Co., 63 Wall street,
CBICAGO.— Union National Bank.
Sterling and American Exchange
Interest allowed on Deposits.
Collections
en ntea.
boaght and
made promptly and remitted
sold.
&
29 Wllilam
St., cor.
NEW
Exchanxe Plaee,
YORK.
Make Telegraphic Money Transfen.
Draw Bills of Exchange and Inne Lettenof Cmtlt
all principal cities
for at low-
Lichtenstein,
BANKERS,
of Europe.
8PECLAL PARTNER,
PECTSCUE BANKi
BerUn.
?HE CHRONIOLR
Financial.
Financial-
Financial.
THE
TBE UNION PACIFIC RAILROAD
Dakota Southern RR.
COMPANY
Review,
Financial
(ANNUAL.)
s
1
8
-r
.
A YEAR BOOK
OF
INFORMATION.
FINANCIAL
OMAHA RRIDGE
RONDS.
In accordance with the provisions of the above
Bonds, we, the undersigned, hereby give notice that
the following numbers, viz.:
2313 953 432 633 910
1888
80 206 140 2262
665 1268
22
14 1027
1707 702 1474 1120 503
9S2 1806 460 2138
375
13 1503 789
117 2185 1689 1493
870 1135 387 2098
1194 346 1306 1765
139G 640
367 1061
2198 192
1181 1540
499 2410
1558 2423
459 1361
1319 1512
437 618
this day designated by Wt, In our presence, to
be redeemed, together with the premium thereon, as
provided la said Bonds, at the London and San Fran"
Cisco Bank, Limited. No. 22 Old Broad Street, London,
K. C, England or at the office of Drexel, Morgan &
Co., In the city of New York, on tlic fir^t day of
were
m
CONTENTS.
Retrospect of 1877.
Mercantile Failures.
— Nation.%1
Bank FljarcB and
New
J.
&c.
London— Money Market and Bank Retams.
— Foreign
of
Commerce,
Notary Public.
West Chicago,
Trade
Trunk Railroads and
York, and Prices of Call
Loans and Commercial Paper since
D.
111.,
The Dakota Southern Railroad rans from Sioux
City, Iowa,
and
pleted
per cent, the amount required to pay the
its First Mortgage Bonds, while the
net earnings for 1877 were two and a-half times
greater than the interest on its entire bonded debt.
than
fifty
on
interest
The
mortgage bocds are the only inWe have sold during
the past two months $310,000 of these bonds, leaving
only $258,Oi'0 of them to be p'aced.
When the
$558,000
balance
is
STOCKS
BONDS
and
New
London,
WALSTON
1877.
The
SALES
of
classes of
all
STOCKS AND BONDS,
Municipal DefauUed Honda.
Holders and dealers would consult their Interests by
conferring wltli us. Reliable Information cheerfully
furnished.
P. F.
OH
Principles Relating to Investments.
New
ADRIAN H. MULLER
City.
lations of
Money
No. 7
Showing Accumu-
&.
SON,
PINE STREET, NE?F YORK.
Gwynne & Day,
in a Scries of Years.
Table Showing the Rate Per Cent realized on
No. 16 fVall Street.
[Established 1854.]
Securities Purchased at different prices.
Stock Speculation in
New York.
Table Showing the Interest Cost of Carrying
Stocks.
United States Debt and SecuritiesDebt of the United States; Terms of Payment,
&c.
Transact a general banking and brokerage business
In Hallway shares and bouds. Governnieat Securities
and Gold.
Interest allowed on «iepo8lts.
Investments carefully attended to.
Albert E. Hachfield,
18
AVAI.I<
STREET,
Prices of U. 8. Bonds, 1860 to 1877.
State Debts
Railroads and their Securities-
ALI.
English Railroad Laws.
Supplement—
The Investors' StjppLEMBNT which gives
a
complete exhibit of State, City and Railroad
Securities, is furnished during the year only
to regular subscribers of
tlie
Chronicle, and
no single copies are sold. One number of the
SuTPLKMENT, however, is bound np in th®
Financial Review, enabling partits to purchase a single copy in this form.
Prlee in Clotb
" To Subscribers of
&
Fi.'<ancial
$2 00
Cohhercial
Chuonicle
the
)
(
,
*
„„
""
B. DANA
PUBLI8BBBS,
79
&
dc CO.,
81 Urilllam Street, N. Y.
&c
TIES bought and sold uu commission, lor cash or on
margin.
CHAS. GREGORY,
MATUIilN BALLOU.
Member N. Y. Stock E schnnge.
G. T.
Boimer &
WANTED
:
West Wisconsin Railroad Bonds,
Paul
&
Paclftc Railroad Bonds.
First Mortgage
Miami Railroad
Galveston County (Texas)
11,
1378.— NOTICE.—
PER CENT h IB thU day been declared upon the
ferred anl Common Stock of this Company,
able on the 4th day of
10
March
No.
52
William
ThcTrans-'erBooka will be closed on the
and reopened March
Pre-
pay-
next, at the oflBce of the
Me ers. JESUP, PATON &
etreet, New York.
Company's Agents,
CO.,
2lBt Inst.
5.
W. M. LARRABEE.
Secretary.
Ofpick of the Canvpa SonTfjEBX Railway)
>
COMPANY, No. 13 WlI,LI.*M STREEr,
New York, February 2, 18*8. )
fPHE SlJCrESs OF
THE
!$4:HKI?IE
-^ for funding thf securities of this Company having
been astured by tlie depodt of more than threefourths of the outi^tanditig bonds, holders who have
not yet converted their bonds Into Debenture Certl
ficates. countersigned by tne L'nion Trust Company,
are notified tnat it Is ncce>8ary to make fcuch conversion without further delay, in order to secure the
delivery 10 them of the new cuarantecd bonds In the
month of March. Information fiir-il^hcd and exchange effected at the office of this Compuny.
J.
/^mOlOO
Vv/J'aUL HAlLWAl
TILLINCIHAST. President.
MII^AVAIIKEE
lS7S.~NotIce
COMPANY, New
ANO
ST.
York. March
Is
Bonds.
Per Cent Bonds.
FOR SALE:
Louisville City 78, due 1891, Ilallrond Issue.
New York City Gold Coupon Bs, due 1901.
Internatlounl Kallroad of Teias Ist Mort. Bonds.
flint & P«re Marquette Kallroad Consol. Bonds.
WADSWOKTU,
VI. e-PresIdent.
WANTED.
RR. Prefeire J
tock and Bonds.
Northern
Oregon Steam Navigation Co. Stock.
Claims on .Jay Cooke & Co.
Texas Pacific Rlt. Land Grant Coupon Bon -is.
Jefferson. Maolson & Ind. UK. 1st and 2d Mort. Bonds
Sandusky Mansfield & Newark lili. Bonds.
City, County and Town Bonds of Ohio. Iowa & Wis.
Pacific
-
Lo^li^vil,e& Nashville Rlt. Stock.
Fort Wayne Jack:. & ^^aglnaw Uli. Bonds.
Interest-paying Bonds of Southern Railroads.
Cairo
Co.,
BANKERS AND BROKEIiS,
No. 20 Broad Street, New York.
St.
UAlIiROAD
AL.TO.V
Sc
CutOAGO, February
Ballon,
STOCK AND BOND BROKERS,
6 AVall Street, New York,
STOCKS, BONDS and GOVERNMENT 8ECUKI
Little
WILLIAM
pmCAGO
JUlIL'S
Gregory
Prices of Railroad Stocks, 1860-1877.
&
;
COMPANr,
1,
Southern Uailroad Bonds, all kinds.
Toledo Losauaport & Burllnvton Bonds.
Kansas Paclilc Kallroa') Konds.
West Wisconsin Kallroad Bonds.
All bonds guaranteed by Erie Kallroad.
Prices of Railroad Bonds, 1872-1877.
CO.,
Sc
liUOKEUS,
hereby given that a dividend of
THREE DOLLAliS AND FlFlY CENTS per share
ha'* been declared on the Preferred !<tocK of the
Chicago Milwaukee ana St. Paul Railway Company,
out of the net earnings of the year 18.7, payable at
the office of the Company, 68 William street, on the
10th dav of April next.
The transfer books will be closed on the 25th of
March, and re-opened on 13th of April next.
DK8CB1PTION9.
MAN.TED.
Railroads of the Unltci States.
Railroad Earnings.
Investors'
YORK,
First-Class Investment Securities)
CITr BONDS OF ALL KINDS.
Railboad Bonds akd SorTnERN Skcubitibs or
Immunity from Prosecntion.
Prices of Slate Secnrities. 1860-1877.
Tbo
fiEJ¥
DSALS IK
and Securities-
State Debts and
KELEHER
A CASH DIVIDEND OF THREE AXD ONE HALF
WEDNESDAYS AND SATURDAYS.
Investments of Financial Corporations in
liRO.,
ST. LOUIS.
REGULAR AUCTION
hold
undersigned
Prices in New York, 1570-1877.
Investments and Speculation-
Interest Table,
BROWN &
Defaulted Bonds.
Co,.
Methods of Quoting.
Compound
H.
References.— Messrs. Clark, Dodge & Co., Pneycr
New Vork K. W. Clark & Co.. Philadelphia.
18*3-1877.
York, from 1862 to
will be entirely free
interest.
BANKERS AND
Foreign Exclianfce—
York
company
sold the
from floating deot. We are authorized to sell the
remaining bouds at 90 per cent and accrued interest,
at which rate they yield nearly ei£lit per cent
At Auction.
&c., in
first
Special attention glvea to Compr.imlFlng, Funding,
Buyinp or SeMng Missouri County, TowuBhip and
Rrolier, 20 TTall Street.
Silver Question.
Prices of Gold in
Yankton, the capital of Dakota, a
The road has been comrunning five
years; and during
these years of business depression the net earnings
over all expenses have each year exceeded, by more
Silver in the United States.
Movement,
to
distance of 62 miles.
34 Pine Street.
eREENRRATTM,
S.
1870.
Production, Exports and Imports of Gold and
The
$'58,CO0,
being at the rate of $9,0X1 j«r mile of road.
A LIMITED AMOUNT FOR SALE BY
Gold and Silver-
Prices,
Cancelled by the Sinking
Amount now Oulslanding
$4S,0C0.
Doe 1890.
Canals.
Kew
Fund,
PARK SEVEN PER CENT BONDS,
The money MarlietInfluences in
)
[L. s.]
Balance, U. S. Exports and Imports, Leading
Tonnage
1, 1877.
PIERPONT MORGAN, Triii.tef.«
trustees.
L. AMES,
(
WRIGHT,
of Drexel, Morgan & Co.
HOOD
Attest-DAViD W. ParcK,
FRED.
Commercial-
Articles,
York, November
J.
New Tork City— Bank Returns,
States
Original Issue, $600,000.
debtedness of the company.
April, 1S73.
Carrency Movements.
United
FIRST ]?IORTGAGE 7 PER CENT
GOLD SINKING FUND RONDS.
;
BauklnK and FinancialUnited States
[Vol. XXVI.
•
&
Fulton RR. Bonds, all Issues.
Rallroiid Bonds, all Issues.
Kansas Pacific
Foil SALE.
Jersey City and New Brunswick 7 per ct. bonds. 1897.
W^jn. ££. CJTIiEV, 31 Flue St., N. ¥•
"
WAI^TEO:
Alabama,
Sontli Oarolina Sc Lonisiana
State Bouds;
Nenr Orleans Jacksou Sc Gt. Nortliern,
miftsfsMlppI Central, and mobile
Sc Olifo Railroad Bonds ;
City of Ncwr Orleans Bouds.
1.EVY
Sc
BORG,
96
WALL STREET.
%
JHE
xmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
VOL.
SATURDAY. MAllCH
26.
CONTENTS
to
a law
A Canal Hailroad Project
A Stodv of tlie Habits of
ton Plant
Financial
1
Review
.
tlie
801
HOI
Cot-
I
I
203
805
of February
Latest Monetary and Commercial
208
English News
Commercial and Miscellaneous
2r8
News
Securities,
8.
i
Hallway Slocks, Gold Market,
Foreign Exchanse, N. Y. City
Banks, National Banks, etc
909
i
I
Qniitatlons of Stocks and fionda. 511
212
New York Local Securities
Investments, and state. City and
Corporation Finances
I
313
THE COMMERCIAL TIMES.
Cofflmercial
Epitome
217
Cotton
Breadstnffs
I
218
222
^\)t
Dry Goods
Imports and Exports
8!2
2i3
Current
'^24
I
i'rices
€l)ronicU.
The Commekcial and Financial Chronicle
day morning, with
the latest
submit to the inevitable.
means the end of the
news up
to
But what
agitation, for
is
the inevitable ?
is issued on Saturmidnight of Friday.
TERMS OF SUBSCRIPTION-PAYABLE
ADVANCE:
IN
is
by no
such measures as
revolutionary to have any
—
chance of passage, this palpable fact remains: the silver
men are not yet satisfied. The Bland bill is what they
want; they are emboldened instead of discouraged; they
did not accept the Senate amendments as a compromise,
but as what they could get just then, and they now pro.
It is
pose to push on for the objects of the Bland bill.
both unwise and unsafe to ignore, or mistake, or under-
rate the signs
the movement.
$10 20.
For One Year, (including postage)
6 10.
For Six .Months
£2 5s.
Annual subscription in London (includinj; postage)
1
68.
do
do
Six mos.
do
-ihscript.ionswill be continued until ordered stopped by a wrilUn order, or
' publication office.
The Publishfrs cannot he responsible for Remitliinces
-3 made by Drafts or Post-Otllce Money Orders.
London Ofllco.
The London office of the CiiRONiCLK is at No. 5 Anstin Friars, Old Broad
Street, where subdcriptions will be taken at the prices above named.
if
that recently proposed by Mr. Buckncr are dismissed from
consideration as being too
THE BANKERS' GAZETTE.
Money Market, U.
NO. 6S2.
1878.
Financial interests should understand that this
THB CHRONICLE.
Tlie Silver Bi
2,
ures can
claimed;
which show the earnestness and power of
That none of the supplementary meas-
command two-thirds of the Senate, is generally
we hope they cannot. But the advocates of a
sound currency
need still to be on the alert, for
been encouraged than satisfied by this
will
desire has rather
1.
AdTertlsements.
Transient advertisements are xublished at 25 cents per line for each insertisnbut when deflniic orders are given for Hve, or more, insertions, a liberal dis
count is made. No promise of continuous publieation in the best place can be
given, as all advertisers must have equal opportunities. Special Notices in
Banking and financial column tiO cents per line, each insertion.
WILLIAM B. DANA,
B.
& CO., Publishers,
FLOYD, JB.
a.
DANA
WILLIAM
I
JOHN
79
j
&
81 William Street,
NEW
Post Ofpice Box
A
neat fi!cH;over
Volumes bound
furnishc>d at 50 cents; postage
for subscribers at $1 50.
Is
YORK.
4,.502.
on the same
tSir The Bosinese Department of the CtntomcLB is represented
Financial Interests In New York City by Mr. Fred. W. Jones.
ts
18
among
it
[
silver bill
reoeived on
iis
Prediction of
original passage.
its effects is
now
wait and watch them.
'only to
unnecessary, as
What
we have
shape the inter-
national conference suggested in the bill will take,
Jwhat effect the law will exert
(ire
problems which must be
';hey are
•results
There
upon the future of
left for
and
silver,
time to solve, as
beyond human foresight; what the immediate
here will probably be,
is little
we have^already suggested.
reason for supposing that United States
jjonds will at once respond very noticeably to the bill;
iffects will
be disturbing, but
!uch an extent hurtful.
hardly for a time
So much does what the
A~CmLrRAlLROAD rRO-IECT.
of this week a prominent advocate of
On Wednesday
making the canals
the Assembly,
its
free, delivered
an elaborate speech in
text being the constitutional
ments which he has offered.
State Auditor Schuyler, in
It will
his
last
amend-
be remembered that
annual report, said
that as the last instalment of the Canal debt (the whole
amount of which
is
$9,020,200) falls due
in
1.1893,
the total interest to be paid will amount to $6,930,'i'09,
THE SILVBK BILL A LAW.
was returned to the House with a veto
message from the President on Thursday, and without
debate and almost without allowing its opponents time
to take breath, was pushed through both branches of
Congress on the same day, by a vote nearly the same as
The
partial success.
its
to
silver
nen have obtained
making an aggregate debt and
From
interest of $15,950,909.
present appearances, he added, this must be paid
from taxation a tax of 5 J mills on the dollar of the present
valuation, distributed over sixteen years, would meet
it; or a single levy of 3|- mills would pay the entire
principal of the debt at 15 percent premium; and an
annual tax of one-third of a mill would be ample for
the working and maintenance of all the canals which the
Constitution prohibits selling, including the Black River
These statements were presumably made, not for
canal.
information merely, but to convey the suggestion of
how slight a burden of tax the proposed step would impose, and the Auditor considers the canals to be well
Waiving, however, the questions
worth the outlay.
which maybe raised about the plan as a matter of public
policy, it does not seem to us a pracf.ic.-ible one at present,
although there can be no objection, on its own
for
merits, to allowing the people to say by a vote whether
they wish to pay for free canals by a general tax it is
;
—
—
fall short of what they sought,
however, will grow more timid, and business improbable that the counties not touched by the canals
nay be expected to continue dull.
It is injudicious to submit propowill be ready to do so.
apital,
Discussion of either the morality or the expediency of
he measure has also become useless. What remains is,
sitions for amending the Constitution, unless an end
which must be reached can be reaoBed by no other in-
—
THE CHRONICLR
2U2
is placed upon such instruof canal reform,
olher
measures
mentality iu this case,
Toe allowed to
perhaps
adoption,
may
difficult
of
less
strumentality; and
if
reliance
hold and float boats; second,
itself to
XXTL
[Vol.
its
capacity to
permit their motion at good speed, without being itself
injured thereby; third, the capacity of the locks;
One of these measures Senator St. John's bill for fourth, the practicability of applying power enough to
slip.
was introduced several weeks ago and produce rapid motion at tolerable cost. Obviously, the
a canal railroad
—
—
received a hearing last Wednesday, before the Joint
Commi tee on the Canals. As it contains novel features,
and
Will
probably become one of the most earnestly
discussed measures of the present session, a brief sketch
of
it will
The
all
be interesting.
acts under
which
afford a very large and indefinite
margin, the capacity of the canal in the respects named
never having been tested.
'Ihe locks offer a more
serious
problem
—one which must be settled in some way
case a very great increase in carryii g capacity is to be
made; the new plan, on its face, does not offer to affect
in
Sections
contains ten sections.
bill
two conditions yet
first
now
tolls are
levied
1 and 2 repe ^1
on the canals,
and provide that, in lieu of tolls, all boats or rafts shall
pay 25 cents per mile, for any distance, greater or less,
Section 3 provides that, " to economize
for tonnage.
The fourth
this.
is
the one to which neaily
all
and the one which
hitherto have been directed,
efforts
this plan
aims especially to alter and enlarge.
The difliculties which have hitherto prevented sue ess
expense of canal navigation and in the collec- in the problem of self-propelling boats have been two
tion of its revenues," the Buffalo Syracuse & Albany to devise an engine which would not injure the canal
Railroad Company is authorized to introduce on all the banks by the " wash " of the water which it must move
cana's "a system of towage by locomotives upon tracks in order to move the boat, and next to perform the
in the
:
work economically. The first difficulty seemed to have
system of towing by been overcome by the Baxter propelling engine ; the
provide that this com- second, however, did not appear to be. To place any
animal power." Sections 4 to
pany shall tow for hire, " by their locomotives or by engine in a boat is to reduce :he freight capacity; to
animal power, all the boats, flouts, and rafts that may be tow boats by another boat is a laborious process ; and
offered, loaded or empty, at 25 cents per mile, for any to decrease resistance by sharpening the bows and slopupon each bank of the
to be laid
canal, so as to cause the
least inconvenience to the present
But if
(greater or less) distance, except where other means of ing the sides is to materially reduce capacity.
towage may be used by other pirties;" that in the lat- the engine moves on the land it can carry additional
ter case tolls shall not exceed
directly instead of
taking the place of
cent per 1,000 per mile
freight
on timber in rafts, 2^ cents on lumber in rafts, 1^ mills
on sawed lumber, and 1 mill per ton per mile on all
freights, these tolls to be collected by the company or by
any State collector, and to be paid over to the State on
account of $900,000 yearly, which the company is to pay
to the State in seven equal monthly instalments, beginning Miy 15 iu each year, the company being permitted
to " retain any residue of the sums 1 be collected by
them in full compensation for cost of establishing and
maintaining said system of towage and of collecting said
tolls;" that in order to prevent any discrimination in
freight
charges " in the transportation of persons or property"
water at a very rapid rate, and therefore some sharpening of the model seems necessary, for the sake of speed;
but, on the other hand, the objection of dicreased
capacity applies less to the proposed plan than to one
for self-propelling boats, because this may be offset by
the greater effectiveness of the engine on land, whicli
can draw a tow of boats or can as is proposed take
1
1
more than 7\ mills per
ten per mile for through freight moved on their tracks
the corapacy shall not charge
;
itself
makes no " wash " whatever
it
;
the "slip" of the water and can even have
to the rail positive, thus
iu
traction
inasmuch as
and
;
it
is
making
— what
is
all
its
it
avoids
adhesion
power
effective
important to remember
the speed which consumes power
ordinary locomotion,
if
all
its
the speed
is
in
brought down
to
may
be
the canal rate the traction-power of ihe engine
very greatly multiplied, at the cost only of some addiAs respects the attaintional friction in the machinery.
able speed, furthermore, no power which can be applied
force boats of
will
the
present
shape through the
{a d finite maximum being also named for local freight)
and not more than li cents per mile " upon passengers,
through or local." The remaining sections make the
system of towage provided for subject to the control of
the Canal Board and to all regulations established for the additional load itself.
canal navigation; reserve power to alter or modify the
As between the State and the railroad company, thi
act at any time; make the act take effect, except for assumption seems to be that Mr. Clark will be able to
—
—
days after public notice make the $800,000, which was last year's total receipts,
is open for use from
sufficient for maintenance of the canals, berce, that
the Hudson to the lakes; and allow two years for the §900,000 will be a safe charge to exact from the comfull completion of the work.
pany. The Stale, therefore, by this bill, proposes to
It i assumed that the road is to be a narrow-guage ch;irge the company |i900,000a year for the privilege oi
one, for business reasons, although the b'U does not stipu- using the canal banks as provided, itself undertakirg to
construction purposes, fifteen
has been
given that the road
manner of construction, except that the keep tie canals good with that money, and permiiling
proviso in section 3 shows that the present system of the company to have any excess which it can make, tlic
towing by animal power must not be interfered with. presumption of course being that the latter, for its owr.
late at all for the
The
bill
does not say that the railroad shall carry any
freight, but such carrying
is
presumed; nor that
fast
trains, or trains
independent of the towing, shall not be
run; but inasmuch as the speed of independent trains
could not be greater than that of the tows, it is to be
interest,
bed.
As
will
keep good the banks which form
for the users of the canals, animal
its
road
power may
still be u^ed, either by the company or by other panic-The company's charges for " towage " are strictly fixed.
and so are the toll rates when boats are moved by olhei
presumed that the work of carrying and of towing would parties than the company. If the cost of canal business
be performed by the same engine. Figuratively speak- is not assessed in the shape of tolls, it must be put into
ing, the idea is to tow the boats by faster horses, and to the tax levies, and nothing short of doing the lattei
utilize the horses further by putting loads on their would be making " free canals."
This measure does not
backs.
The carrying capacity of
four conditions
:
fttst,
the canal
is
limited
by go
so far; for the present tolls
the capacity of the water-way lower ones,
or,
it
proposes to substituti
on the business done by the new com-
MAKcn
2.
THE CHRONICLEL
1878.J
problem, and the only doubtful one, would arise from Imperfect
"towage" charge on the boat in place of toll
charges on the freight. While this is a step towards
observation
the " free canals," advocated by many,
ignorance.
a
pany,
a reduction of charges,
The
and a change
company named
railroad
in their
the
in
really only
it is
bill
and that
;
is
almost wholly the result of unnecessary
By unnecessary ignorance we mean simply
form.
is
203
already
to indicate the
omission duting past years to keep a perfect record of facts as
A very good
incorporated, with a capital stock of ten millions, and
they trac spired.
names of the incorporators seem a tolerable guarantee that the plan really means carrying out and is not
what is known at Albany as a "strike." How the Central Railroad would be affected it is unnecessary to
inquire, for the measure should not be judged according
of the same trade has been furnished within a short period
seems to be shrewdness
as well as foresight in the remark attributed to Mr.
Depew, that any measure which aids general prosperity
in the State must aid the Central also in the long run.
The bearing which the subject has upon the trade of
this city and the much-vexed matter of freight discriminations against it will readily be seen.
What Avill be
the fate of the measure it would be idle to conjecture,
but if it fails to receive the sort of consideration to
which it is fairly entitled the reason will very likely be
measure of consumption.
the indifference to the subject of the canals on the part
and run on that stock when supply
the
to that consideration; yet there
throug'i the figure for
department
illustration in another
European consumption.
The
delirerlfs
have been for a long time regularly and carefully
to spinners
preserved and studied, but not so spinners' stocks, th^ deliveries
until recently being
understood by the general reader as the
most of the disasters
This error was the prime factor in
many
to the cotton trade for
Four
years.
evident truths were thus ignored or only pnrtially accepted
That consumption for
(1)
:
ning purposes cannot exceed tho
spi:
spinning capacity of each country
;
that the spinning capacity
(3)
cannot be enlarged fa stir than the spindles can be made and set
up
;
that such increase in spindles can only progress at a cer-
(3)
month, and will not go on
tain ascertainable rate per
extent
when
the goods trade
ners naturally stock up
not profitable
is
when
and
;
aiy
to
that spin-
(4)
crops are abundant and prices low,
is
The opinions of
short.
members from the counties which the canals do not those who insisted upon the truth of these propositions during
touch.
The project is novel in some respects, for al- the years of 1871 and 1873 were thought faulty, and therefore
though propositions for moving boats by engines on the were not accepted until in the summer of 1873. when,
in epite of
of
banks, and even for using the banks for a railroad, have
been made, the plan of combining a freight ra'lroad
with a towage system has not, we believe, before been
broached. It seems to obviate most of the difficulties of
steam propulsion, and to propose a long step towards
enlarging the capacity of the canals; but one thing, at
least, must be evident— that the necessity for increasing
their effectiveness in some way is growing, and all the
more under the present troubles of freight-carrying.
our very small crop, there was a wonderful abstention from the
market on the part of spinners, and it was then found thiit there
was a supply which had been
invisible,
and that deliveries and
consumption were by no means synonymous
so a
;
much
closer
observation and analysis of the conditions bega:i to be made, and
at this date spinners' stocks of
raw cotton are followed as
more so.
lantly as the deliveries, or even
We
vigi-
use this piece of history simply as an illustration.
The
experience of that year and the facts which subsequent investigations have brought out, have greatly simp ified the problem of
A
^TliflY
OF TIFE HilBITS OF THE
Tho merchant and manufacturer
must depend,
in
some measure
Hence, each
plisLed.
ia
in all llieir business ventures
at least,
upon
facts not yet
neighbor in acquiring information, through which he
its
accom-
unceasingly seeking to outstrip his
a better forecast of the future.
scouts out in all directions
may
obtain
you meet them,
China,
of
tapping
the
very sources of
unobserving sometimes think that
it
is
supply.
The
kaleidoscope that has fixed the events which have responded
with such perftet nicety to the plan put in execution month''
ago.
and suggestions which
Th^y^'o.not see the method, but the result only, and
therefore call that good fortune which
is
simply the legitimate
While, however, in every industry, so much
is
depending upon
has Leen directed
supply, and here
nothiig, or,
is
not
.said
it
assertion, let
it
made
truly surprising that so little advance has been
in solving or limiting the doubts
supply. Every year
Wi
one will
And
yet the growth and fruitage
an assurtd process, and as capable, with fixed coeof being foreshadowed as the motions of the planets,
of a plant
ditions,
All that
is
is
required are undisputed facts to base our conclusions
With
past experience and conditions accurately given,
future results could not be doubtful.
• This
Tho weak point
in the
rise
the
chapter of onr Boolv on Cotton— ' Cotton from Seed
to
to-day as an indication of the main object, and in some
measnre of the contents of the wor':. The book wili be ready for delivery
next
Saturdav, March
An advertisement, with a l;rief summary of tlie points
covered by it, will be found on the last page of this issue of The
Cukoniclk.
—[Ed. C,miiekc:ai. a::d Fi.nancial Cukoniclb ]
to the truth.
This
any one questions the
If
from the task simply bewildered.
In a certain year
drought has reduced the crop
had the same
effect, or that
fifiy
per cent,
shedding has utterly
ruiued
it,
year.s,
perhap?, and in those very States, there would be an
abundant
or that caterpillars
On
yield.
same summer and
results predicted
have eaten
it
up
;
and yet
ments and results be reconciled
formant false and the other tiue.
may
be apparent, and the
co:rect.
How
same
can these state-
Not by pronouncing one
'!
They both
stated
their report in each case
i
Neither
ast crops
was
in-
what they
saw, and intended to represent the condition faithfully.
had studied the lessons which the cultivation of
;
in those
the other hand, another sea on, the very
fall conditions
and prove nearly
have taught them
is
American
to explore in a field
anywhere but
a spirit of criticism.
will be stated that
to cotton
pas* through just the same round of confu-
sion, uncertainty and suspense.
upon.
with regard
we have been compelled
and main
first
him read through a few years of such compilations,
nd that they are a mass of contradictions, and
or that rain has
it is
Our
secondary.
to elucidating the question of
will be fo
and painstaking are put forth
Bignificance,
think, prove timely.
is
followed, lead us
in
a right conception of coming conditions, and efforts so persistent
get at even an inkling of their
we
Not that there has been any want of reports of the
condition of previous crops, faithfully made from month to
month; but simply that such reports of thtmselvcs prove
it
to
wo have
In this spirit
almost new.
and
fruit of vigilance.
will,
But that portion of our work
for instance, in
the mere turning of the
research.
endeavored, in subsequent pages, to push this inquiry with
regard to the future spinning demand one step further, by fio-urea
effort
the extremes of South America, the plains of India, the teafields
sive, the result of incessant
In the search, every market has
;
Yet we daily need more light cv.n in that direcOur information, to meet the requirement, must be aggres-
onsumption.
tion.
COTTON PLANT.*
might
.-imply a reflex
first
Loom"— nnd we give it
of the
And
outward appearance
in this aonntction
at the
moment.
we might
as well note the fact
which
'.'.
even the most cursory examinati n cKscloses, that no
ts'.iuiate correctly
the extent of a cotton crop from
its
man
can
appearanco
;
THE
204
ia the field in aLy fall or aummtir month.
This point
ig
important, because in the misconception with regard to
fifty
making the attempt, have
We
In August some of his neighbors paid him a
custom was, went out
On
for fifty bales.
to
a Sunday
visit and, as their
All pronounced
to look at his crop.
Later in the
illustrations
remember one of a farmer who,
expression, " planted for forty bales."
own
use his
lies
at times varied over
Many amusing
per cent from the actual yield.
of this could be given.
very
it
Planters of even thirty years'
the great error of estimates.
experience, in
CHilONll:.'LE
sure
it
the plants began to shed, and
month
the half-ripe bolls seemed literally to rain upon the ground,
while the leaves drooped under the scorching sun as
discouraged, no doubt imparting a like feeling to the beholder.
Not twenty
bales
would that
produce, was the unanimous,
field
unhesitating verdict of ihese same sage judges; and they believed
it
through one year will perhaps almost
that rain is its destruction
80 fu'ly that the farmer immediately told his family to pur-
succumbs
as another crop
test, therefore, all
need facts which shall
years, from the
last boll
and production of the plant, so as
When th
more.
what we have attempted
Tills is
we have
preliminary, however,
This
year's results out of a day's experience
to describe the history
—
It
draw a
to
not unlike the endeavor
and achievements of a long war by an
moment
instantaneous photograph at a set
in the progress of one
showing and proving
past and
extent and production during recent years, thus giv-
its
assumption of the careless observer, after studying
first
sight appear unnecessary, but
as these
holds off for ten days
if frost
hundred thousand bales added
some, not to be outdone
we suppose
in
make
romancing,
it
a mil-
for
it,
ful
if
that the frost
is
This
is
a very mistaken
regularly -developed cotton plant,
every weed or shrub, has a fixed growlh, with a limit to
in maturity.
very
much
The
date, therefore,
when
less to do with the result
vegetation
like
ending
it,
is killed,
than most imagine,
has
for all
the fruit the plant can carry will have been previously perfected.
life
12th of October. .The
November,
and Arkansas, being 154 in
all,
" October, the average date being October
And
14th.''
Ten.
e)ghty,or more
to the
he protects
labor
he were content
if
crop,
which he knows
,Olh of
yet, not-
vegetable
date of frost was
November
in our record.
17,
the very latest in that
Certainly there was something
growth of the summer of 1875 which even an early killing
could not destroy; and when wo come to consider the weather
in the
autumn we
shall also find that even floods of rain,
equal to those of 1877 at very
many
points,
had not
their accus-
sible
;
not, therefore, out of a second growtb, as
and from plants that about the
it is
called,
first
of September looked to
And
failure.
between results and conditions
desire our investigations to
weather plant, and so
if
;
;
wet,
He
is
much
could omit
of this
only sickly plants, irregu-
in getting
to secure
is
an abundant
only attainable through a perfect early
it is
;
in that apparent contradiction
lies
throw
the very point upon which
Jight.
We
but the drought
it
call
we
cotton a dry-
passes successfully
Of course,
?
ia extensive
is
pos-
domain, he can constantly supply the deficiencies or irregulari-
tect
nature
;
the farmer, however,
dry his seed
So, also, ?fhen
it.
c'oes
he cacnot cover
it
Consequently,
if
;
it
started.
point of
The
to
a stand
sickly.
interest.
in
;
;
in
gu'table
on the
first
definable
first,
the
to
limits,
be
is,
well
precisely here
started
lies
the
plant in June is brought
how
it
ie
is
clean
strong,
weak, grassy and
far does the stand or the
of July control ihe yield.
Can a weaK,
Does a strong, healthy stand, within
guarantee
a
we must
successful
season?
For
refer to the facts given
;
growlh of the plant, next, with regard to
summer development and
ing, picking
And
weather the stand
these questions,
as to the early
it
the weather permits.
if
sometimes
unsuitable weather
sickly stand ever be cured?
answers
only
cotton
The inquiry Buggested
coiidiiiou
to the weather.
excessively wet, he cannot pro.
will
and sometimes poorly
first
bondage
in
the plants are up, they need care and
crops
his
is
not germinate, he cannot water
but can receive
cultivation,
him any
friends, in every particular, like those of a previous year
which proved a
planted
the gardener secures a crop always, because, in his limited
and healthy
it.
nor out of a prolonged autumn, that our frieud secured so good
a crop. All he ever knew or understood was that he made it,
and his
it
shoot has pushed above the
little
the universal experience
life,
if too cold,
was
he covers
cultivation, wi'h acres of corn or cotton, no such nursing
the previous year, and over 100,000 bales more than in 1871-2,
It
cold,
if
;
His aim, however,
larly established.
ties of
tomed power over
the
it
or rain blight the tender growth.
If it is so
I'ata of that
And when
it.
of that year 487,376 bales, being over 160,000 bales more than in
any year
dry, he waters
is
faith-
ground, his care increases lest insects shall pierce or weeds choke
withstanding frost came so early, Memphis received of the crop
district of
when once
gardener watches over and tends his seed
All
frailty.
Every
;
than one-half, "report a killing frost from the 9th
when the
the last six months of
Memphis (see Chronicle of October 16 development but when such a development is gained, he conMonday and Tuesday nights, the 11th and siders the time of trial and doubt passed, tlie harvest assured,
Memphis Cotton Exchange report, issued in and the plant almost able to take care of itself. Is not this, ia
states that, out of all their correspondents in
nessee, Mississippi
In subsequent
of July.
1st
synonymous with weakness and
Is
the weather
In 1875, ice formed at
1875, page 375,) on
on the
we similarly analyze and examine
Young
men
the arbiter of the yield.
weather
effect of certain peculiarities of
and also what has been the precise condi-
plants then need nursing, protection, cultivation.
beyond
for a healthy,
and understand the data subse-
each year.
In other words, the opinion of these wise
;
at first
stages of development, thus enabling us to determine
and the reasons
lion bales if the frost will grant thirty to sixty days' grace
is
may
This detail
really the basis of our inquiry,
the weaknesses and strength of the
facts, disclosing
many
these
an average.
notion
this includes a recital
quently given of weather and growth while passing through
and
to the crop,
is
cotton plant, prepare us to study
chapters
will be five
;
planting the seed, working
soil,
labor necessary in securing a stand.
tion of the several crops
Belonging to the same class of hasty conclusions
the remark frequently heard, that
months
first six
new growth.
it
in the
After that, follows a detailed account of the routine
the above case, will be that the extra yield was the fruitage of a
is
its
ing the data for determining the outside limits or possibilities of
with great accuracy the
battle.
The
growth or progress
of acreage,
dangers encountered at that period, and the nature and kind of
who attempts
represents the blunder of every person
anew the problem
the crop, with a history of the early growth, the diseases and
not an exceptional case.
is
As a
do in later pages.
to
investigated
again, saying he
season closed, his final report showed a total
yieli of forty-one bales.
to bring out as far as possible
to secure four or five
November he wrote
and hoped
the picking of the
facts to the nature, habits
those seasons.
of the methods of preparing the
In
we
the reasons for the failure and success of diffierent crops during
turning out bstter than he expected, and he should not woader
bales.
field to
apply such
to
any season.
thirty-five bales,
To
experience through a series of
ploughing of the
first
in cultivation during the
he made thiny
of sur-
apparently equal promise.
reflect past
and we need
;
to, of
Late in September our frieud wrote that his crop was actually
had picked
said
It is
made
often
is
our conclusions relating to these matters,
chase nothing more at the grocer's, for his cotton was a failure.
if
kill it the next.
and yet a crop
;
XXVI.
prising proportions which has endured just such floods of rain
utterly
if
[Vol.
trials,
and marketing of the
and
crop.
finally as to the
matur-
All the explanations
uni data included under these heads are needed
to enforce the
truth
V
.
March
which iho
may
them, the reader
find
much
than hereto-
less contradiction
auppoaed between the coDditions and results of different
The ancients represented the Goddess Fortune blindBeasous.
fore
fold turning her wheel,
now
now down, and
up,
fixing the deep-
come
to be considered as pecu-
We
much
however, that in the future this will be true to a
and
degree,
when a few years more
that,
1
1
trust,
smaller
of accurate weather
still less
chanoe.
With regard
to India,
but
understood.
little
have brought together
ie...
S
10.1J4
106X 106^4 I08)i irex io«
WBJi 103
.105'4 lOJJl 103H 105?^
.... 105
1C5X ••• 105
.105J< 105;4 ....
Holiday
.10S« lOSfi 103% 105>i 108
IWX
8
.... 103J4
105.>< 105,H imjv lesji
losji
101
usy,
.105% 105V w.',%
«...
.lOiK 105*; 103J4 105i4
18...
.10
.lOMi I16X- lO'iX 106
«0...
21...
a...
We
it is
may
say that our purpose has
and figures we
believe the facts
with the help of the
map
of the
use.
Next
24.
.
to -America, India is likely, for a considerable
time at least, to
X
1053i 103 >i
hold prominence as a source of supply, and hence
we
The
is
more
fully explained hereafter, has been
CollbOlS
for
Date.
prepared under our direction for the purpose of sapplying a want
in
some of
details as
its
—yet
the information
to
17
3
"
4 96
6 95)^
"
"
the boundaries of some smaller
"
"
"
"
does convey can be obtained
of special service to a large circle of readers.
world's supply of cotton from India
nnchanged, or
is
;393
"
points very frequently discussed, and
—because
May we
there have been
— often without
all
REVIEW OP FEBBLAIIT.
financial interests
the Silver
final result of
bill
were halting
pending in Congress.
to await the
The
bill
was
only passed, over the President's veto, on the last day of the
month, so that
its
ultimate effect could not be known'; but eo far
as its prospective influence
all
was concerned, the feeling of nearly
the most prominent business
against
it,
that in
New York
men
and other
tion in financial transactions, caused
into
of the country
cities
any new engagements while such a
The money
raarktl continued to
was so much
there was a stagna-
by an unwillingness
bill
to enter
was pending.
work quite
easily,
call
sold readily at 5 to 7 per cent.
for small lots of
government bonds from
parlies who ha heretofore apparently been savings-bank depositors and had become alarmed for the safety of their investments.
1
Speculative stocks were dull beyond precedent at this period of
the year, and all parties were afraid to operate, in view of the
uncertainty attending the situation.
Gold, although fluctuating moderately under the silver influences, kept withij a email range, as the prices in the table
below
show.
asking rate of bankers advanced from
4.84i on
4.86 on the last of the month.
sterliufr bills the
first to
losj^ 103
101
10 )v lOJ
ima
K6H
IKii
...
10SJ<
118
lOiV 102
119^
i02« loe
iisx
103
103
•.
102X 103V
-...
11»X
8ECORITIB8 AT LONDON IS FBBRUART*
COUBOls U.S.I
5-20.1
for
Money.
"
22 93 9-16
Zi 95 5-16
24
25 95 9-16
20 95 9-16
S7 95 5-18
is 96 1-16
"
"
"
"
••
"
1
10- 10 58 Of
New
18S1,
4V8.
105
If8
IWV
loav
1867.
m% 105V
i06J4
loav
lOfis,
li'oH 101
106,S,
105V 104V 102V
10-.'
S. ..
10414 :o.-!v
102V
104V lUiV lOiV
lUb
lUb!,
104,4 104
loav
104V 103V lOiV
106V
io-'i
mu
lOi
Open.
.
U9V
V
95 13-16 lOB'i
Uighcst 96Ji
101 ,>4 109
Lowest
'.0.V/,
9<?i
(Jlosiug 93 1-16
105V 104V
105V 104H
1U4V 108V 102V
lOtiV lOiV IIMV 102V
mx
9BV
107V 109V 1P6V I05V
107V lOSV'lOSJi.IfSyl •z.?(l 94 7-16 105 V 104 V 103V 102V
I06V io5
The following
table will
show the opening,
and
highest, lowest
closing pricesof railway and miscellaneous stocks at the
Now York
Stock Exchange during the months of January aud February
BANOE OF STOCKS IS JANDABT AND FBBRUART.
January.
,
Railroad Stocks.
Open.
Sus<iuehanna
Bur. C. Kap. & North.,
74
16
Albany
<t
Central of
New Jersey.
Chicago
Alton
Hiffh.
17'/4
13V
IS.V
77
100
Chicago Burl. & Quincy 102
St. Paul.
3>iV
Chicago Mil.
do
pref.
do
"2V
7^V
lOlV
&
pref...
&
* Nerthwest.
Chicago
.
33V
do
pref. 63
Island. 100)4
Clcvc. Col. Cin &Ir.d... 33
73
Cleve
Pittsbui-ff, guar.
Ii:d. C
Colnmb. Chic.
3V
Weetern..
51
Del. lAck.
Erie
SV
ii
do pref
& Rock
Chicago
&
*
&
Hannibal
do
&
69
62V
99V
34V
62 V
72
2V
72
2!^
53 V
10
4«V
50V
50>t
7V
»H
9V
SV
8V
£2
do
pref.
23 V
142
74
7y,
87
142
75)4
IIV
25V
61V
68V
59 V
62
62
63
4
58V
61
4
3V
75V
8>i
15
IV
124
F.W.& Chic., Euar 91V
&
T. ir
do
do
St. L. Iron Mt.
St. Louis Kans.
V
75X
6V
ISO
PacllIcMail
Paciflc Tel...
Western Union Tel
S2V
20V
7S
V
MarylandCoal
P. niisylvania
Coal
Mariposa L.&
.U
prf
United Stutea Expre>B..
47
9
22
22
10
10
siv
1)1
9V
23
142
73V
72V
5H
7V
62
Oi';
60V
tov
oo.v
59
6;v
C9V
6V
3V
76
120
m
75
120
3v
67V
no
8V
67X
120
IV
106
103V
IWV
156V
153V
155H
156"
159X
166"
159"
s'^
16
7
14
1V4
1?
7«
iX
7X
IV
135
92
112
87
4V
8V
69
nv
73
23V
iOV
7SV
16>tf
4
2V
64V
14!4
12
120
87
4V
17V
6
<X
SOV
3V
67X
16V
121
f6.V
8V
13
6V
4V
ii
3
ts
]>>
16
SO
3H5
98V lOOV
50
48
131
IV
13
m
89V
3V
85
13
12V
6
4«
i»
3V
SV
6
IV
7V
»«
130
MX
3V
ISX
5
4V
4V
SOU
20V
s
8X
Ri
17
87
ii
17
15V
15X
22V
23*i
2J
20
UK
75V
!6V
25
8;
25
32
as
»
!60
150
15b"
15b"
23
19V
75V
1»V
91
77
76V
1«
IV
14V
IV
am
»H
.31
IV
73
IH
SO
48
m
6t>
ma
1C5V
9V
American Express
25,V
142V
2V
99
S8V
IV
IH
80V
IIV
63^4
lOU
9V
\•^
3i
72 V'
3
60.V
3;JV
77
«
76V
32
Ontario Silver Mining..
Quicksilver
pref
do
Adams Express
59V
9>V
27X
V
105V
ao%
2V
6;^
99V
67V
97V
^9V
37V
70V
35V
62V
75
4V
iSV
65
6
73
67V
97V
99V
8nV
-.,,
6SV
IV
6
Pacific
15V
;8"j
ica
105
"' !»
38
70;^
35,v
104V
7V
Wabash
Warren
illlscellaneona.
15
IV
17V
San Francisco..
74V
22X
r.%
100
7V
4X
23 V4
141
0108
S4V
IbV
108V
I6V
pref.
7
75
71
120
South.
C. & N.
*
24V
141V
8V
75V
4V4
.
2.'V
141
73
pf.
do
do
7V
122
121
Panama
do
35'.'
99V
11
pref..
do
Paciflc of Missouri
&
69
.35V
22
Mississippi
.Mlautic
70V
103V
37V
loiv
103V
37V
lOV
Jersey Southern....
IV
N. Y. Cent. & II ud. Riv. 1C6V
Elevalid
75
..
N. V. N. Haven & Hart. 153V
Union
34
78
17
78
22
New York
&
38V
17H
1«V
77V
18V
New
New
L
61V
9-V
Ui^h. Low,
74
22
Micliigan Central
M", Kaueas & Texas....
8'.
V
1C0,»,
Open.
17
101
:
February.—
.
75
12V
Kansas PacirtiLake Shore & Mich. So.
Alton
6SV
81
38
64
75V
100
102
36
CI08
Joseph..
Illinois Central
Pitts.
St. L.
V
39V
73V
7354
l:iV
13)<
St.
Harlem
«ft
10:5
.
Low.
Ainericin ('oat
Consot. Coal
Foreign exchange was not active, ad the principal demand
came, as usual, from the importers of United States bonds, whose
purchases f exchange were at times large. On prime sixty days'
the
S....
19I9-) 11-11)
Ohio
Investment securities were generally dull, except that there
will
loiji;
106,'<
.Morris
Essex
Jerst-y
loans rates were 4 to 6 per cent, while prime commercial paper
was quite a demand
W,
&
and on
lOlJi
104H Feb. 20 95 9-16
"
21 '95V
:03V 104^
ll,9!t
«....
10-'4 104 K 101
18 93 i.vie 107
do
situation of affairs in February is tolerably well defcribed
by saying that
102)^ lOSSi
103
102
•
New! Date.
;06V
not believe that for the future these and
FI.\ilNCI,lL
j
106 »i inSJif :6-iV
to continue
kindred questions will be more generally and clearly understood.
The
108V
lb81.|4Vs.
lOtJj
\M\t lOHV Its
\M% HK!« 105 ,104«
-tlOS
I06H xn>.i llib
106 ?i 105« 1W?,'!10JK
7-1(1
14,95 7-16
15 95 5-16
93 5-16
j«
"
"
to suffer decline or gradually to iocre^e, ore
so few helps accessible to guide one's judgment
knowledge.
is
107
1
106 V4 li;9
l(!4'iil04!4
106 i(i ll-8Vil04>i 104
lOfi
lOi <104>i lOSJi
11 95 7-16
12 95 3-16
of such a practical nature
is
68 of
10]
"
it
10^0
U. S
1
8l95 11-16 mzi 103^IlO4X 10-1J4
9133 5-16 116
108
104V 104
::
make
Whether the
AND
1
.5-20,
6 aiiv
7 95 7-16
"
likely containing
from no other published source, and
•a to
S
1S67.
S 95;j
"
"
it
103« 103
95 13-16 1Q6V 109M 105"i
1
•'
not as complete
we intended — and very
minor inaccuracies with regard
districts
Though
1037i
Wi%
107><
j
"
often expressed and widely felt 'o exist.
lOdJ,'
107Ji
lOofi 10-JC 105!i lOSV lOtK 103S4 103>4 10-2V I16H
106H 109
105V 108S< 104X 103X 103X 11.2V l!9V
1U8
lOlX 10!'^ lOlJi 118^4
102« IttJ
103'S lOii^ 103
103*4 105^ 10S% 103J< 1065i 103V 102>,- ICSJi 102
119X
Lowest.. l(5'i 10i%
Closing. lOSTi 103V
Fel>.
map, wliicU
1C5K
-J
107« io("< in.a^i ia3H
107X 108>i 102V( KB'V
fail
anything that helps us to measure that supply.
to be interested in
IW(
I0:i
106!< 10:)V
lllghi-Bt.-.OtiM
Mouey.
cannot
1"8!^
.
....
Wiii 1(K!< 118>f
IDiJi !0«1(
10.3,'<
.... 119>«
OpcnlnglOfiK 10«V 103
CLO8IN0 PRICBH OP CONSOLS
which we give, be found of frequent
cotton dit-tricts
loaji IDS
lO-fJi
.
unnecessary for us to refer
will,
Wiii J01«
W^H
they sufficiently explain themselves.
been to unfold another point in the cotton-supply problem which
is
cor.
iiwu >is«
10l3
Win
ti...
however, we
«•,'!)«
iiiSa
.
.'2...
features of this book
iS78.
ioi"'mii"m\i
..
the football of blind
any length here;
.'.'.'.'m}i
.... io4)< iiiis loi
IO«)i 106 ii wan loia
jodh
IPS
...ma 105 Ji IO!H
107'/i 108J( 103
"
^ 103S'
.
lOSX lOJJ^ 10;J4 .OIK 103
USX 108X ioa\ 105
101
107)«
6..
..KSH IO)Ji .... 105
10*i(
«...
loij,' 107X loaji 103),'
105X I0i% 10.^%
10...
.8
ii2'4 lOSV ICSJi in4,»i 107X I0.«
...
II...
105«
IJ...
.106
li5Ji
...
104)4 107X 104
lOSJi
105X IM
!04
.... 104X
....
IS...
.1051!i 105^4 lOlU 105>tf
.lOr.K
1P3>(| 1055< 108J< 105
M...
iO*H 10JK
lofiji I03J£ 105!« 109
15...
.106
105V l"''% I04S,xlCJ,'i
106>,' 103K lOO
lO'J
.... lOd
lM}i Wl>i
16...
..
19...
The other
".'..'."
ibyji'tKii
...106X
17...
18..
to at
rEBRUAnr,
,
s
a
observations have been preserved, the ventures of the cotton
raerchant and manufacturer will be
m
—
.
under the supervision of this same divinity.
liarly
In our
with fickle impulse and random hand.
est events of life
day, cottou-crop estimates have
—
10-40i
5«,'81. ,-4H»,"9I-, U,
^-6«,!88l^ ^saOs.Conpon-,.
teg. conp. 'Kn. 1867. 1868. re^. cnnp. coup. rcK. cnup. coo.
103
IO.^H 108XX105J4 103><xl04)i .... 103X
109!4
lM)i lOJJi lOUM
1U«H lOliH 103
Feb.
V
206
OLOsuio pnioBS or sorsRxiiB.tT siccRinis
After carefully studying
appear lo diBclose.
facts
V
THE CHRONICLE.
1878.]
3,
«
IV
SO
16)4
SO
98
4*J<
16
2iV
»>i
1
1
IV
IK
av
82
1
J"^
90
82
I
»*>*
81X
IBM
81
81
16
8:^4
)6
19';
iO
31V
8(IV
IB
2SIV
lOOV
lOIV
103!4
lonv
lOOX
48V
48
4»V
51V
48
4»V
47V
SOV
47
4rv
80
«
..
:
'
THE CHRONiCI.E
206
January.
,
Open. Hish.
50
11
.
NewYorkGae
lao
105
78
130
Unien Trust
Pullman / alace
...105
75
February.—
Low. Clos
my, S5
fc6
ton 45J4 46 Jt
,
Open. nigh. Low. Clos.
Wells Fargo Express.... S7«
87X (•2X 8-3 Ji
45
50
5iJ4
flel. & Una. Canal
&2)i
Canton
16
16
16
77%
i7>i
threatened, the diplomacy of Prince OortscUakoff during this year
has not been of that character which would promote confidenca
in the
77%
-ax
72
Turkey by the
Friday
Saturday
Sunday
1
101%
101 '-<
Sunday
2
my.
101%
Monday
Tciesrtay
3
4 102}, 1C3
104
102
Monday
102%- 102
102 1(, 102
Tuesday
Wednesday,.. 6 102)i 101% i02% 102
102
Thursday
102}i i02
102
102
102% ir2
Friday
101%
Saturdiy
9 ;0!
101% 102
Sunday
10
102
Monday
11 101% 101% 102
102
18 i
1(12
Tuesday
12 lOJ
Wednesday... 13 102 102 lOilf 102V
Thursday. ...14 lOiJi 102 ii 112% io;'4
Friday
15 l02%|10iJi ll'2*i 102%
Saturday ... .16 102% 102
102% 102%
."»
101% 101% 101% 101%
101% 101% 101% 101%
Thursday...
February, 1878 101% 101 J4 102% 101%
1871. 105% lOlH iut);i 104%
•'
12M 114 114%
1376. 113
1875. 1I3K 113M 113% 114%
"
11*%
1874. llli< 111% 113
1S73. 113)4 113% 115% 114%
Wednesday.
i
i6i%
18 102
102
101
Tuesday .. ..19 101 fi 101?-^ 101% 101%
Wednesday... yo 1013i
101% 101%
Thursday.... 21 101% IIIIH 102
101%
40J
102
.
Holi day.
..I
..
lll,'2« io!
3
4. 4.82
may,
6..4.sa
a».82%
6. .4.83
7. 4.82
©1.82V4
"
1.S63.
157% 152S4ll7i%
1,
8. .4.82
9.. 4. 8.
®4 S2%
«4.84%
1H.82H
@l.82%
" 17
" 18..4.8i
•'
19. .4. 82
4.S4
4.84
@4.84%
©4.84%
@4.82%
II .4.8
12..4.J2 @1.S.'><"
18,.4.Siyj@4.8-!
®4.84H
@4.84>4
©4.81%
@t. 81%
4.81
4.51
@1 .84!^
" 27. 4.83%@4.C4
" 28..4.83%©4 84
^.S3X@4 .86
Range...4.811i@4.P4
4.83%©4,8J
4.6314@4.84
4.M%@4.8414
@4.82% 4.84 @4.S4%
E4%
8
©4.82%
©4.82%
©4.62%
83%a4 ,86
4
14..4.81%a4.f2>
15..4.8J
IHonetarn
jCatest
ani)
(Hommcntal
(Sitgiisi) Sitvci
BITES OF B\CH:A.NGE XT LONDON AND ON LONDON
AT LATEST DATES.
AT LONDON—
BXCBA-r^nV.
FEDRUARY
OH—
TIMS.
EXCHANGE ON LONDON.
'
1
15.
BATE.
1
LATEST
BATE.
TIME.
DATE.
Amsterdam
Amsterdam
Antwerp
Hamburg
short.
.
3montb8.
**
Vienna
**
Berlin
*'
....
'*
Cadiz
Llsboa.
Milan
*'
a.ss.a.'s
iO.5-2
©20.56
1203
1051
©12.10
©20.56
JO 52 320.56
25%@2!,!i
"
St. Petersbnrj
15.30
i5.ni4 2.25 2214
i5.2T>s ^25.82)4
months.
3
15.
short
12.12
short.
3 mos.
23.14
20,37
short.
119 10
io.s;
20.37
55 5-16
....
Feb.
Feb.
Feb.
15.
Feb.
Feb.
15.
15.
n
2r.72l4©27.n>4
*'
Madrid
New York
47
@rt%
...
Biode.Tanoiri
.
..
Valparaiso....
Pernambuco..
BomDay
60 days.
!».
*'
Calcutta
U. 6%c(.
Hong Kong..
Shanehai..
Ba*avia
8%d.
Ke'i.
l\
Fob.
12.
3 mos.
Feb.
Feb.
Feb.
15.
short.
3 mos.
60 days.
90 days.
"
..
....
Jan.
Feb,
....
..
18.
15.
Jan. 9.
Jan. 1.
Jan. n.
Feb. 14.
Feb.
Feb.
Jan.
Jan.
Penang
Ale.tMdri''..
....
Feb
that
'*
6
83 1S-16®21
41%
24%@24X
!«.
'*
13.
"
7.
t(
7.
5«.
5%a!.
13/. be.
4>.
"
*'
23.
9%(i.
Is. 9%rf.
is. V.)id.
"
3.
12
13.
mos.
«7.26
47-95
4.t2
is.
3 mos.
\%d.
96%
speculative enterprise.
Even on
the Stock Ex-
change, though there has been some excitement, business is far
from active, the risks being far too great tojustify prudent people
in committing themselves to operations of any magnitude.
And yet, grave as is the situation, hopes are pntertaiued that
there will be no war but, at the same time, the future is difficult
;
to define, and
been more
it
would seem that the course
of events of late has
the direction of hostilities than of peace.
It is
difiicuU to see, however, how the Government could have avoided
Bending a portion of our fleet to the neighborhood of Constan-
tinople.
in
been made, and
it is
if
possible, but certain
regarded that
if
has
is an open secret that the m«jority of the Powers would
have been only too delighted had any one of them undertaken
the task of resisting Russia's advance and there exists a shrewd
suspicion that even Germany's complaisant encouragement of
the policy of the Czar was due to the calculation that it would
iufallibly end by Involving Russia in war with a Power richer,
more resolute, and more enduring than Turkey. But calculations of this nature are well adapted to de'eat their own end.
If
Germany would not move as long as Franca remained quiet,
Franco 3vould do nothing so long as Germany remained passive.
If Austria and Germany thought that they could well afford to
siand by with folded arms because it was certain that England
would, by actively interfering, save them the trouble of doing
so, it was hardly likely that Eugland would be so sliorl-sighted as
not to perceive that any rashness on her part would only cause her
to fight battles for others whici' they ougUt to fight for themselves.
Such a policy was evidently attended with another danger beside
the one it was intended to avoid and that oiher danger has been
incurred, and is now upon us all. We do not for one moment
care to conceal the fact that Russia has thereby been enabled to
advan«e a good deal further than is pleasant to u*; but it is
equally notorious that she has advanced considerably further
than ia agreeable to Austria. Might we not safely add that
Prince Bismarck himself can hardly view the position with perIf France and Italy are thoroughly well satfect complacency?
isfied with an arrangement wliicU not only puts Russia's pen
through their signatures, but strikes a direct blow at their interests, we have nothing to say.
They are the best judges of their
own concerns, their own dignity, and their own duty. Nothing,
however, can afl'ect the fact that Russia's pretensions whilst unquestionably they affect England very materially are directed in
practice equally against all the great powers."
;
—
—
want of harmony, or there
is an
existence of both. The present state of things has been brought
about to a considerable extent by the large standing armies, which
have so long b en regarded as a necessity, but which are impoverishing the countries which are afflicted -with them. Should a
conference ever meet, which some regard as doubtful, the question of armaments might very usefully be taken into consideratioii>
as fo much combustible material in the hands of a few despots
is very dangerous, and is entirely at variance with European
is
very clear that there
is
either a
great jea'ousy, amongst the Continental powers, or there
progress and prosperity.
the week, without being active, has
op-n market the rates of discount have
No disposition has been shown to lend
The money market during
be^
firmer,
and
in the
somewhat improved.
inevitable.
Annexed
for short periods,
it
being possible that the state of
change as to make a dearer money market
The Bank rate, however, is unchanged at 3 fer cent.
may
si
are the quotations for
Fer cent.
Riukrate
2
money
}
|
O, en-market rates:
30andB0,liys' bills
l*i©!%
Smontha'bills
1%®!%
The rates of interest allowed
I
I
Open-market ratfts;
4 months' bank bills
6 months' bauk bills
4 and 6 months' trade
Per ceur.
llidliH
2^<@-i%
bills. i,'j©3
1
by the joint stock banks and
discount houses for deposiia remain as follows
:
Per cent.
—
.loint-stocKhanlts
Discount bouses at call
Discount houses with
Discount houses with
Annexed
is
1
1
days' notice
14 diiys' notice
7
1%
1.%
a statement showing the present position of the
B.ink of England, the
Bank
rate of discount, the price of Consols,
willing to
the average quotation for English wheat, the price of Middling
Upland cotton, of No. 40'3 Mule twist, fair second quality, and
declarations have
the Bankers' Clearing House return, compared with the four
The Government would, no doubt, have been
avoid such a measure,
there
late
:
London, Saturday, February IG, 1878.
borne in mind how sensitive and anxious the public
Lave become with regard to the political situation, it can occasion
no surprise that trade is languid and that no disposition is shown
it is
in
of
is
" It
political affdirs
embark
which
;
money, except
to
insincerity,
;
IFrom oar own correspondent.]
When
which
but
;
by no meana palitable
either to the Government or the country. It is remarkable, however, that Germany and Austria atill seem indifferent about the
state of affiiirs but it appears that Prince Bismarck has returned
lo Berlin, after some months of mysterious secrecy at Varzin.
An article which appeared in the Standard of Thursday, which
seems to hive been " inspired," refers to the delicacy of the situation and to the diffl-^ulties against which the Government has
had to contend during the last twelve months. The Premier, on
the first day of Parliament, mentioned that some of the proposals
which had been made to the British Government were peiilous
and unprincipled but a complete explanation has not yet been
vouchsafed, though there are, of course, many conjectures as
to what was implied.
The Standard contends — nay, asserts
It is
»'
"
47% ©48
51%a)62
months. «.72%©2J.77«
"
3
her
15.
90 days.
Qenoa
Manilla
Feb.
123%@U.4
short.
Paris
Paris
Frankfort
;2.i%ai2.2%
.
grudge
possible,
and have
Eagiand
would
peace,
;
3 days.
4 81 @1.
" 20. .4.82
4.81 W4 ,84%
" 21..4.82'/i@4.88
4.84J4@4 ,85
" 21
Holiday
" 2;j..4.8J'<®4.83
4.64%@4 ,85'
" 24
S
" ?5..4.8214ati-3
4 84!i@4 85
" 26. .4.83 @4.83% 4.85 @4 .t5%
©4.8114
@4.84K,
S.
10
1878.
60 davs.
Fcli.lft,.4 82 ©4.32%
S
-
m
I&B!.'103>4 102%' '104%
S-rco Jan.
'78 102% 101%l;02'4 101%
3 days.
4.84 ©4.8114
4.81 @4.84i4
4.8I
4.84
4.84
4.64
4.84
4.84
i
18«B.:U0,>f 13534 11 40 >, 136
1805.,20l5i 196% 211)% 20.114
•59%
1864.;i57,H, 15;HI1'>1
BANKERS STEELINO EXCHANGE FOR PEBRUART,
00 days.
Feb. 1. 4.82 S4 f2v
" 2. .4.82 ®4.82'<r
135% 140% 139%
1867.il3.-.>4
"
Monday
2
..2!
.28
110%
1872. 1119% 109% 111
1871. nita 1I0%1112W 110%
1870. '121H 115% 121% 1I5!4
1^63.1138)4 13'l%IHti% 131%
141%
186S.,140V4 l3;l3si'l-!4
Sunday
Friday
Satcrgjy
44
26 102% 101% 102% 102
101%
26 101!, 101% 1112
.
another Plevna were
if
advantages,
substantial
by
no
means
been too much
Date.
as
throat,
sus-
the Czar, without holding prostrate
now have made an honorable
could before
1878.
Without exciting the
morality of his intentions.
gained
Date.
fVou XXVI.
picious of other Powers,
120
103
120
lOS
73
COUBSE OP QOLD IN FEBRUARY
"
—
:
our interests are not actaally
previous years
c
:
..
MARCn
2,
IHE CHKONICLE.
1878.J
mt.
£
£
£
£
£
2fi.701,78r
«:.850,S9J
a6,K7;,0'!5
6,1»»,'80
If.Ortf.WS
1.»i8,10^
c.bw/.da
I.'',5,'R,1JS
ie.4jo."o
5J,S!>0.I(.8
,,:jtlllo». 13,S!1B.1M7
n.Mo.'-is
io«
I3,.W,034
if.so'.sn
13,S8J,914
1«.0J1,«41
i',',3i6,w)7
K.ais.ua
s.xin.ssi
42,ai,S,SM
l\l»:<,0e9
n,7Si,7ij9
IJ,7f3,393
I0,t93,87i
ilAUM'
13,99<l,821
13,i:0,643
.?.. i',T81,8s3
30,362,892
22,801,807
S8.1S8,259
»1,809,5)«
SS.SrH.lsr
b.xnk iio«l hi la
:•
I>,'
Of,
i;.
tnh'i —^'i
KcM-rve of
coin
1
...
7,788,W1
-
.
nutcs aud
''deimtii'cnu
.1
ProiMirilon of regiTVO
loil.bhlllcs
Bank raio
CoiifolH
Biigli-'h wlicat.sv.prlco
:My
6-i9.
W-i
Bd.
Sd.
7
418. 7d.
43e. Od.
6 7-16d.
i;-18d.
llVd.
1".
IP. Id.
....
...
.
4 p. c.
VVi
12X
141 90-J,OCO U5.0.ja.0J0
House rclam.l31,8-2!,000
:
8 p. c.
3J< P-
Mid. IplttiKl colon...
No. tliVinnlu twist, fair
-
1878.
18;7.
ISTd.
ISTS.
«,0!9,i«4
irciilallnn— IndndlnK
week
46-50
46-82
c
S p. c.
2 p.
WX
«!<
Ms. 8d.
«Xd.
Bl(. id.
lid.
95,471,000
lOd.
86,085,000
rather
6Hd.
more favorable,
Liaak return published this
and the proportion of reserve to liabilities, owing to a considerable return of notes from provincial circuiatiou, has improved to
The falling off in the supply of bullion is
4(J-83 per cent.
.
..
is
smaller than had been anticipated, coin having been received in
Since the return
conpiderable quantities from the Provinces.
was balanced, on Wednesday evening, Germany has purchased
b.ir gold (or coinage purposes, and the money market,
which showed yesterday a tendency to renewed ease, has again
become firm. Silver at one period of the week was worth 54i<l.,
£500,000 in
but
now
is
selling at 53|d. per ounce.
The
prices of
bullion
are subjoined
GOLO.
Bar Gold, rettnable
bpanieh Doubloons
South .American Doubloons
United States Gold Colo
Oeruiau gold coin
....
...
d
d.
per oz.
per oz.
per cz.
peroz.
peroz.
Bar Silver, Are
Bar Silver, con'ng 5 grs. Gold
Mexican Dol ars
Spanii-h Dcllars (Caroluf)
Five Frauc Pieces
£7
m®
axa
'.6
76
d.
—
0.
®
liji®
8 @
9 ®
77
74
SILTEB.
Quicksilver,
d.
B.
77)0
per oz. standard.
per oz. standard.
per oz., nomiual.
per oz.
peroz.
ptrcz.
BtTGId,flne
6374
@54
®
@
...
7-16
....
D:scoant, 3 per cent.
6s.
periodical sale of bills on India
England on Wednesday, and
£.300,000
foieign centres:
Bank Open
Pans
Amsterdam
rate,
p. c.
2
3
Berlin
Frankfort.
.
4
Hamburg
.
4
4
mark't.
p. c.
ttV
S14
iHSi^'i
2S®-iH
Leipzig
4
ay,
Genoa
5
4
Geneva.
3
2'A
sa
Braasels
Vienna and
I'Amn
Trieste...
Bank
Open
rate.
p.
markU.
c
4«
Madrid. Cadiz and Barcelona
Lisbon and Oporto..
St. Petersburg
I
I
p.
c
4
6®7
5
4<a4>^
.
I
NewTork.
Calcutta
8
Copenhagen
6X
the secresy,
more or
less successful, of Russia's
movements
having produced great distrust, and compelled Austria, as ^ell
as this country, to adopt strong- precautions for the future.
While, however, the holders of wheat are firm, millers still pursue a very cautious policy, aud purchase very little wheat in
excess of theiractual requirements. The political sitnation being
beyond the power of solution, it is of course difficult to know
which is the proper course to pursue, as in the event of peace
large supplies of Russian wheat would be marketed here, while
on the other hand war would stop all supplies, save those which
Besides,
might filter through a German or a Dutch port.
in the conflict,
it is apprehended that other powers would join
the result of which would be that we should have to look elsewhere than to Europe for oar necessary supply of cereals. It is
unquestionably difficult to choose between these two -extremes,
for although our wants are so great that we can absorb enormous
supplies of foreign produce, yet tUe trade have to bear in mind
that the financial coi:dition of Russian merchants is imch as to
necessitate a large exportation of all a\ailablo produce in order
Already has a very
to save the [majority of them from ruin.
important house at St. Petersburg, that of Brandt k Co., suspended payment, and in city circles it is believed that
even if there be an immediate peace, a large number
throughout the
place
of mercantile failures must take
Russian Empire. Peace wou'd bring with it, therefore, large
supplies, though there is still reason to believe that a large porCautious
tion of them will prove to be of Indifferent quality.
buying is, we think, the safer course to pursue, as it can b
BCircely believed that Russia, or indeed any other power, will
rush madly and blindly into war. Russia must, in herself, want
peace and we know that Germany and Austria are by do means
anxious for a war while, as regards this country, it is wel 1
known that Russia has only to make any reasonable wantg
known, and the opposition which this country now cflers would
be quickly withdrawn. Uudoubtedly, the question of peace or
war rests with Russia, and the state of tension in all mercantile
circles is so great that one false or unfortunate step would precip;
;
...
wa? held at the Bank of
were allotted— £174,007
being to Calcutta, £120,000 to Bombay and £5,033 to Madras.
Tenders on Calcutta and Madras at Is. SJd. received 75 per cent;
on Bombay, at that price, 47 per cent, and above in full. The
price is the same as last week.
The following are the current rates of discount at the principal
The
cal,
207
5;^
itate a crisis.
On the Continent the trade for wheat has been very quiet durThe better qualities of produce have been scarce,
ing the week.
and have realized full prices, but for inferior produce there has
been but little demand. Business with Russia is in a state of
suspense, notwithstanding the armistice
due
to political difficulties
which
;
but this
is
of course
exist.
During the week ended February 9, the sales of English wheat
principal markets of England and Wales amounted
to 39,716 quarters, against 44,704 quarters last year; and it is
estimated that in the whole kingdom tliey were nearly 160,000
in the 150
have
quarters, against 179,000 quarters in the corresponding period of
Since harvest, the sales in the 1.50 principal markets have
1877.
been greatly wanting in activity. Speculation is at a low ebb,
the political situation being too critical to justify unusual risks.
Much time is obviously absorbed in political discussion, the
been 1,059,339 quarters, against 1,161,899 quarters; while it is
computed that they have amounted in the whole kingdom to
4,337,000 quarters, against 4,047,600 quarters in the corresponding
the situation taking precedence in every circl?;
Lopes of peace are entertained. There is talk of an AngloAustrian alliance, and it seems that opposition to Russia is on the
increase.
It is scarcely to be expected, after sacrificing 100,000
men and several millions of money, that Russia will care to incur
any formidable opposition, when she knows very well that she can
period of the previous year. Without reckoning the supplies
furnished ex-granary, it is estimated that the following quantities of wheat and flour have been placed upon the British mar-
The stock markets have, on the whole, been
firm, but
gravity of
Btill,
make
moment. The secresy
naturally excites suspicion, and the motive of it,
a glorious peace for herself at any
which
exists
be unscrupulous ambition, is hard to understand. The
market for American securities continues to ba affected l)y the
ilver agitation. Very little business is passing in the market,
nnless
it
kets since harvest:
1877-8.
Imports of wheat
Irniorts of flour.
Sales of home-grown produce
wheat and dour.
Result
Aver, price of Enc
wheat
1876-6.
cwt.
cwt.
ie.9ia.4ii
i8.35l.l7l
1874-5.
cwt.
18.iiJi.0I4
3.591.054
26,364,000
3.81-3,048
2.735,189
3,:oa,si-j
18,360,200
2),913,t.00
20,069,000
40.643.S0O
El,5-M,8«6
114.746
48,ns,06s'
51.409.C-J0
468. ii.
47,991.233
..49,55fi.842
Total
lizports of
18T6-7.
cwt.
.27,354,591
.
973,360
46.58-J.552
f or'feason 53a. 8i.
593,
U2
40,r43,073
48s. lOd.
186,635
449. 8d.
and the tendency of prices is downwards.
Notwithstanding that the political complications which exist
The following figures show the imports and exports of cereal
are most grave, and that it is impossible to say what will be the produce into and from the United Kingdom since harvest, viz.:
position of effiiirs a few days, or even a few hours hence, the from the 1st of September to the close of last week, compared
trade for cereal produce during the week has been free from with the corresponding periods in the three previous years:
excitement, and there has not been much variation in prices.
1874-6.
The possibility of war with Russia has obviously b?en favorable
187&-6.
1876-7.
1877-8.
18.223,014
28,354.474
cwt. 27,3M,.^94
16 97-J.411
to holders, and the result has been that those descriptions of Wheat
7.92S,2C8
5,039.U8
6,756,379
Barley
7,243,741
4,320,070
4,84<l,797
4,916.6^9
6,S7'',(05
produce which Russia contributes hare somewhat hardened in Oats
9U).96S
•.95.917
: 04.879
914,501
Peas
price.
No marked improvement has, nevertheless, been estab- Beans
1,124,615
1.7Sl.8i5
1.9.16,119
l,68'i,'-8i
6,188.615
9,5«2,4'.4
15,01!.7!3
ls376,a-«
lished, merchants having only succeeded in obtainisg rather IndianCom
9,991,054
3,100 692
2,755,189
3,54J,04S
Flour
more money for the better qualities. This indicates, of course,
that the trade believe that an escape will, in some way or other,
190,611
105,032
579.211
CWU 951.0.'i4
Wheat
I61,«I3
18,277
be discovered out of the present dilemma, and that all the Barley
14.766
30,0:3
6«.«79
139,445
66..340
'2,058
Oats
J
European Powers will find it conducive to their interests to come
ll.SM
10,782
13,798
13.104
Peas
1.048
4.857
10.72ft
19.910
to such an understanding that the occasion shall not again arise Beans
SS«31
16.635
!31,«6J
6I,2i2
Indian Com
se,2St
lor similar complications.
«,7U
The situation, however, is very criti- Flour
18,911
22.SICIS
.
.
:
.
.
.
-
:
,
.
1ME CHRONICI.E
208
Basllsb .tIarKei Keporis— l*«r Cable.
Thedftilyclosiagqaotationsin the m&rkeceot Ijonion aod Mvef'
pool forthepast week have b«en reponed by cable, as shown in
the following Bummarr
The imports of specie at this port during the same periods have
been as follows
Feb. 18— Str. Crescent City
Aspinwall
Amer. silver...
82,12.5
:
Feb. 19— Str. City of
New York., Vera
Foreign gold...
Cruz
—
London Money and 8l.nek yfnrket. Tlie bullion in the Bank
England haa decreased i3S3.000 during the week.
Sat.
Moo.
Wed
Thar.
Tne».
Prl.
"
6-11)
acconnt..
S-Io
G.a.69(5-a08) 1867....106>(;
fl5
^5 9-16
93 9-lli
lOB
05
W13i
O.S.10-40B
5aofl881
1C5X
WiVi
103J4
WewlXs
!04)i
Win
lAoerpool Cotton Markit.
W
95 9-16
!06,V
.^-16
— See apecial
—
P5 1-ie
95 1-16
Foreign gold
_,
Mod,
Flour (extra State)
^bbl
Wheat (R. W. BpriQg).»ctl
" (Red winter)
"
lOty
W.%
:01«
11)4
1(«X
!03i4
li'SJi
lO'-K
102>«
Wed.
8.
8.
89
9 10
10 10
It 10
12 3
9 10
10 10
11 10
i
9 10
10 10
10
12
36
6
36
Liverpool Provisions Market.
—
"
(At. Cal. white)..
(C.White club)... "
(new W. mix.) ^ qaar.
Com
8
Feas (Canadian)
anarter.
80
6
'66
(i
B. d.
S
S5
Fork (W't. mess).... |(bbl 54
Bacon (I'g cl. m.).... ^tcwt S9
L»rd (American).... "
S9
Caeese (Am. ttne) . . "
VO
tc.
.
83
51
2)
89
70
5
.
,
Liverpool Produce Market.
.
.
cwt
<9
d.
5 3
10
.
"
(fine)
Petrolenui(reflned).
. .
.
V i;a!
8.
5
10
40
Spirits tnrpentlne....
25
36
U
d.
8.
6
85
51
28
38
69
fi
London Produce and
Sat.
£
8.
d.
LinB'dc'ke(obl).»ti:. 9 10
Linseed (Oal.) ^ quar.
18
Bagar(No. 12 D'cb std)
onspot, ficwt
Sperm oil
Whaleoil
Linseed
d.
3
8.
d.
d.
8.
«
85
54
28
6
.-iS
S
la
3
r. d.
5 3
10 n
icy
40
i5
J2,895,274
Same time in-
I
675.ns\)
;,331.?23
I
I
918,(i37
I
20i.725
275.013
187.3
1872
The
transactions for the
as follows:
week
FrI.
d.
U
TueB.
£
8.
9 10
9
10
43
I
at the
3
6
...» ton .25 10
©ommercial
75
S5
85 10
(kxdi
—
Tnar.
Crl.
8.
6
40
25
d.
a.
8.
S3
6
U
40
25
d.
10
47
~\
6
-^5
FrI.
£
9 10
6
$169,118 C4
559,406 17
3:0,417 42
346,550 20
373,503 36
113,425 S9
237.000
238,000
466,000
1.
t3,lC4,000
8.
361,947 .36
2fl,«69 8S
1,794,375 11
84,179,417 64
84,34.3,292 39 $1,782,420 78 $3,696,544 79
Balance, Feb. 21
105,591,431 51
34,.S67,473 42
Balance. Mar,
107,988,428 40
35,004,825 03
1
S3 9
T5
35
25 10
d.
(For the year ended December 31, 1877.)
is from an abstract of the company's report to
the Pennsylvania State Auditor. The statement was received
last night and was accompanied by brief remarks from the President, Mr. Dickson.
At present, we can only find room for the
The following
subjoined figures
PROFIT AND LOSS ACCOUNT.
9 10
47
6
47
6
23
9
S3
9
83
75
35
25
5
75
85
25
Dr.
Cr.
coal on hand Dec. 31,
1S76— 240,:322 tons
Miuingcoal
Coal transport'n and rep'rs
Freight of coal and canal
expenses
Rondout expenses
75
.15
23
Freight paid other lines...
JHiecellaiwous Neujfl.
Harbor and yard expenses
Taxes
,.
..
Salaries, rent and miscel's.
—
y tales of coal to Dec.
2,077.370
4^8.073
759,348
136.634
422,745
63,603
174,071
Cteneral merchandise.
.
Total for the week.
Previously reported
Since Jan.
1
.
.
$3,396,817
6,261,973
t3.484,;33
3,763,931
?3.58 ,526
t9.65S,T90
85. 35.1, 264
41,171,167
*6
46,341, i57
t55,C0),0l7
J53,764,6j3
tl«,4i4,43l
3 81,3,83;
4)fi,.383
37.815,377
$14,271,760
Canal tolls
N< t earnings, Penne ylvania
Railroad
Interest on investments...
Miscellijneous profits.
Coal on hand Dec
1877—123.778 tons..
.,.
,
Since Jan.
1
The following
New York
for
187S.
$4,651,335
33,998,605
1877.
84,314,520
38,560,693
?7, (13.833
4S, 138,038
«,35,893,36S
837,649,952
t42,8?o,118
"jSMIS.m
IS-S
show the exports ot specie from the
the week ending Feb. 23 1878, and also
will
port oi
a oora-
parison of the total since Jan. 1, 1878, with the corresponding
totals for several previous years
Feb.lQ -Str. Amerique
Havre
Bars contnV gold.
83,400
:
Ti».,v
?«5Feb.
nt
»-j
"-|f*S
23-Slr.
Aspinwall
Liverpool
U. 8. gold win..
Bars cuntn'g gold.
Bars contn'g s;l...
.
Silver bullion ..
Amer. silver bars.
Mex. silver coin.,
_
Pae.toCabellc.U.S. gold coin.
London
Amer. silver bark.
ilex, dollars.
11 ,
A'c
''a
Neokar
Total for the week
Previously reported
341,03S
1,147,332
$6,743,039
31, 1877.
$n.3'^9,210
6,209,9S0
8,6:-2,9I2
2,386,324
2'3,635
685,199
212.087
1,021,153
314.670
3.597,036
54,675
14,734
Supplies on hand
Coiil on liand, 1*3,778 tons
Advances to leased lines
MiscellaiiCOHS assets, viz.:
Boston Hartiord & Erie tonds,
1.423 b. lids...
Less siukicg fuud
1.03;),853
341.0:?6
,
335,374
$1,:54,263
324,624
$929,M4
Rhincbeck &Crnn.
firsts
(3(0)
(124)
onds
Jefferson Railroad
Albany *fc Sus, consols
D. & H. Canal Co., 189! bonds
Sundry smalt assets
I
(4.17)
(,790)
300, OCO
103,050
437,tOO
790,000
59,163
2,613,862
>875.
{5,133,631
30,758,6i5
C'fscent City
w^h' 21-Str,
5?~l r Celtic
Feb.
248.274
294,311
88,900
1".9,814
Telegraph lines
KXPORTS J^OM NEW TORK POB TUE WEEK.
„
Portheweek
M,t33.871
44,313
81,
.
Balance
Lackawanna Palace Car Co
In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of specie^
from the port of New York to foreign ports for the week endine
^
Feb, 26:
Prevlonsly reported....
•31,
1877
8698.7158
Imports and Exports for thb Wkbk. The imoorts laBt
1.157.:151
Interest
week showed an increase In dry goods and a decrease in eeneral
605,306
Loss on leased lines
merchandise.
The total Imports were $6,456,383, against
$6,743,039
f6,411,31'i the preceding week and f3,849,683 two weeks preCONDENSED BALANCE SHEET, DECEUBER
vious.
The exports for the week ended Feb. 26 amounted to
Canal
$7,313,838, against f 7,283,351 last week and f 6,949 ,877 the preiouB week. The exports of cotton for the week ending Feb. 27 Railroad and equipment
esta; e
were 8,742 bales, against 11,049 bales ihe week before. The foi- Real
Mine improvemoiits
lowing are the imports at New York lor week enains (tor drv ^ine fixtures and equiiment
goods) Feb. 31 and tor the week ending (for general mer- Boatf, barges and steamboats
Coi'l-vards and fixtures
chandise) Feb. 22:
Lackawann'i & Jrusquehaiina Railroad
FoaaiaN imports at new tork fob the week.
Cherry Valley & Sharon Railroad
1875.
New York & Canada Railroad
1877.
1878.
Dry goods
1526,930 43
74-2,569 37
642,515 71
28",6t6 94
797,418 03
706,444 41
Delaware & Hndson Canal.
10»i
40
6
Wed.
Thur.
£ 8. d. £ 8. d.
9
Gold,
$1,701,395 r.3
607,320 69
3.15,753 43
319.J83 17
609,733 75
849,811 .8
10
lOJi
'k
Payments."
Currency.
.
Currency.
S3
10
,
Gold
4.39,000
3,57,000
Mar.
Sub-Treasury have been
8762,. 44 56
618,300 11
560, -W 63
61
23
3J
6
69
~K
43
9
097.452
559.929
293.43D
$4:7.000
85
69
10\'
'0
25
B
-Mon.
£. 8. d.
23
,707.515
064.381
1869
1868,,,.
Customs.
Feb.
d.
8.
Oil Markets.-
3
1871
1870
181.7
To
3)
Stun.. 75
" .35
oil.
6
Thur.
Wed.
Taes.
(spirits)
B
$77,049
1876.
I87S
1S74.
Total
101
"
Tallow(primeCity)..» cwf
8.
85
54
28
88
69
Mo.
».
"
6
6
n
—
Sat.
Boaln (common).
21)
Wed.
Tuee.
d.
8.
. .
I*.
29
9 9
10 10
11 8
9
26 9
36 6
36
l-J
6
8.
9 10
10 10
11 10
12
26 6
s.ato
3,300
2.618,<25
82,321.063
Fn.
2!)
gol'l
Total for the week
Previously reported
Total since -Ian 1,1873
In-
d
8.
600
413
fvait. silver...
Receipts.
Hon.
Sat.
Beef (prime mess)
U
n
Havana
106
Thnr.
d.
29
9 10
lu 10
11 10
rt.
29
"
Nassau
Same time
Toes.
6,417
8,140
3 100
..
Gold bars
Amer. silver.,,
Amer.
report of coiton.
2'J
"
,
Feb. 21— Str. San Jacinto
Feb, 23— Str. Columbus
Liverpool Breadstu^a Market.
Sat.
e. d.
16,;30
3,5,10)
silver.
Foreign gold..
lO'J,'
wm
Wi
lOJX
iOiii
95 I-lfi
95 l-:6
!5 S-lfi
9-lti
:365
>imer. silver...
Foreign
AnuT. gold
of
CODBOls for money.. 95
XXVI.
voi,.
-5 101)
5 COO
131
4,500
57.1
l-.',2(;o
20,S5U
23,0:
;-5,C0')
23,50J
Stocks, as f.illows
9,0JO Albany
S. 211 Ronss.
&
&
:
Slis
.
Saratoga
Sundry stocks
900,000
622.137
97,6.3
1,815,650
Advances on coal royalties
Cashonhaiid
Bills and accounts receivable
G
,
neral profit
and
58i,SSci
,
loss
$323,808
1,60-,8S5
—
1,926,694
ItiO.eiB
$:J8,7 14,291
C
$50,(00,000
pital 8t=ck
15,(ii-8,000
Bonds
1,912,600
Loan, IStO.
Interest and dividend, payable .TanuaiT", 1878
December bills (payable in January, '78}
Taxes
8730,141
420,992
29,628
I,2aO,76l
Depositors
Dividends and interest unclaimed
Notes pi.yable
$314,700
35,329
-.SS.ICO
473,059
*,'.*.'.'.'.'.'.'.
»154,5.5d
1.8:'0,646
S88,71',291
Total since Jan,
BametlmemISI
Wl"
ins..
1874.,
18i>..
vm..
1,
1878
,
sametlmeli-
|J,lS6.33l|l871
6,3.-i9.B3-,
1870
lV5f7.041 1869
5,611.371
1868
11.163,574 1867
S,3lu.:i67
13'6
I
I
I
1
I
r^qi"qfii
*-.03l.9"l
|S.mS3B
5171095
6;446',4B1
!1J->201«
5.3e7 i»4
4,4J1,6.3
— Gov. Phelps of Missouri has appointed Gen.
James Craig o
'
Mo., gtneral county, city and muoici;i»l agent of tha
State, to assist the counties and corporations of tlie State in
funding their debt at a lower rate of intere.'-t. Information in
regard to the bonds of any Missouri municipality will be furnished on application to Gen. Craig, at Jefferson City, Mo.
St. Josepli,
s
:
March
No
2,
THE CHkONICLH
1878.J
Natioaal Biiika oraraniz^i during the pist week.
DIVIDENDS.
Thn rollnwic2 UlTldnnds hare rocentlr beeb aoDounced
When Books Ci.08Rn,
Peb
Cent. Patadle. (Days Inclusive.)
Name op Company.
Ball road*.
Chicago Mllwmikoc-
&
Paul pref
8t.
M
f3
lOMch. 26toApr.
April
mARCH
FRIDAY,
I,
II
187 8-5 P. n.
—
!*Ioner JIarket and Fliiauclal Situation. Thern
only bpen onf .subject of interest this week the i)assaK(i of
the Silver bill ver the President's veto. The vote in the ]Iou e
was 19(J to 73 and in the Senate liy 40 to 19.
On tlie last day of the winter of 1878, in a lime of profound
peace, thirteen yeara after the close of the war, tlie GongresH of
the United States passed a law to estab ish aa legal tender a certain itediom w. r h about eight cents leas than the existing
currency, and in thus "scaling" or attempting to scale all debts
to 92 cents of Uieir face value, over two-thirds of our fellow-
Tbe
—
liaa
countrymen,
upon the
wo may judge by their representatives, enter
day of Mirch, rejoicing that
if
first
" Now is the n inter of our discontent made gloriuux summer."
Comment is hardly necessary; but since it is generally conceded
that the present law, as it was amended and passed, will be far
less injurious than the original Bland bill, the main question
Under
arises as to what the inflation element will propose next.
the act of January, 187.5, the csnc-llation of $492,000 legal
tenders took place in February, against f(il5,.50O new bank circulation issued. This leaves $348,618,034 legal tenders outstanding,
against 382 mi lions at the da'e of the passage of the act. The
reduction of legal tenders in thr^-e years is $33,381,970.
Money remains easy in our loiral market at 4(3.5 per cent on call
loans and 4.J@C per cent on choice commercial paper.
The Bank of England statement on Thursday showed a decrease in specie of £283.000, and its p rceniage of reserve 'o
liabilities was down to 42|, against 47| the previous week.
The
discount rate was left unchnnged at 3 per cent. The Bank of
France lost 8,500,000 Irancs in specie.
On the 3lst PL-cember, 1877, the notes in circulation nmounted
to 2,547,044.000f., against a cash reserve of 3,042,o0U,0C0f., c mposed as follows:
Coin.—
^Ingots & for'gn gold. -> ^
Tola's.
^Gen'I Tola!.^
—
.
—
GoM.
.
Gold.
Silver.
mln. frg. min. frs.
mln.
min.
frs.
omutfd; thus
The
last
b65.4
mate an« Railroad Bonds— Soatbern State bonda are rather
under a cloud. In South Carolina, the report of the lovestigatlng
committee has had a bad effect. In Louiniana a dispatch, February 27, reported consols lower, in consequence of fears th'<t ihe
LejrislHture would pass the bill aiithoil/.ini; the issue of additional railroad bonds to the amount of $2,000,000, and the bi-llef
tliat tlie Moffat register scheme would fail of adoption.
In Virginia the Oovornor has vetoed the bill known an the Barbour bill
as unjust to State creditors and unconstitutional, and lie takes
strong tiound in favor of maintaining good faith with bondholders, and the prices of l)ond8 are mucli firmer. Alabama bonds are
0( Louisiana consols,
dull, with small fales at 42i for Class A.
South Carolina
sales of about $100,000 were made at 83i@84i.
consols are more firmly held, with sa'ea at U7@^0.
llailroad bonds are in very fair demand, and the better classes
There will be some looking now lor
of bonds are firmly held.
gold bonds, which are bhown in the tables of the Investoks'
Supplement.
D
of he first mortgage bonds of the Southern
Series B, C and
Pacific Railroad Company of California have been placed on the
regular list of the Stock Exchance. in addition to Series A,
already on the list. They are $5,000,000 each in amount, divided
into 5,000 bonds of $1,000 each, and are numbered as follows:
Series B, 17.001 to 22,000; Series C, 22,001 to 27,000; Series D,
The total bonded debt now outstaod'ng is
27,001 to 32,000.
$29,300,000, principal payable 30 years after date, in gold; interest
per cent per annum, payable April 1 and Oct. 1, at the Central
York.
Pacific office in
New
Silver.
min.
frs.
mia
frs.
865,4
2.59
Feb.
16.
,
Feb.
2.3.
Loans and dis.
J24i,S.J9,900 82i3.tH9.1l»
32.37ii,40O
33,011.ti00
19,8:i6,9S0
Circulation....
19,;81,200
Net deposits.. 212,132,0C0 210.S94.' 00
Spicie
Legal tenders.
31,845,600
3J,9;8.aO
1877.
1876.
Differenced.
Feb. 1\
Feb. 36
Inc.. 8799,200 8268,75\700 8868.480,nco
Dec
63(.200
!W,37).il00
20,7lM.2i
Inc..
i.=),7t,0
I5.5.3M00
17.i'2.',0'J0
Dec . 1,237,400 229,3n,-.'00 224,3.37,4'fl
S67,i,O0
Doc.
44,7I3,.30O
49,013,100
.
—
United Slates Bonds. There has been a considerable business in Government securities, the sales having been nearly all
made by banking houses with foreign connections and the purchases by home invistors. To-day, on the passage of the Silver
bill, the price of bonds fell off about \ in this market, and \ to
f in London. To give one view of the practical effects of tlie
law, we clip the following from thn circular of a German banking house to their correspondents in Berlin
"We might not urge our friends to realize the five per centum bonds
bcchuse it must be remembered that German funds affordinjr the same de<rrfe
:
of security can hardly be bou^^ht at a profitable price, and that, on the other
hand, to replace the United States 5 per centum by \j^ or 4 per centum guaranteed German eecuiities would result in almost as considerable a reduction
of the annuity as effected by the Das?ayc of the silver bill. We advise, howeyer, the Immediate sale of the" fix per centum bonds of 188!. It is well
known that tncsc bonds are redeemable in lf81. and unless disturbing inlluences Intervene they certainly will be redeemed at that time. At this moment
they arc quoted ut W2, but after they are called they will bring only 98X."
Closing prices at the Board have been as follows
Int. period
23.
reg.. Jan.
July. 10o?i
coup. ..Ian. &Jnly. lIB'i
5-20S, 1865, n. l...reg..Jan.
July.
5-308,1865, n.i.. coup.. Jan.
July. lOSJi
5-2l)s, 1867
rcg. .Jan.
July. 105>i
S-aOs, 1667
coup.. .Ian.
July. \Kty,
&-20S, 1868.
.reg.. Jan.
July.»108Jj
5-a06, 1868
coup. .Jan.
July. IM
B^ 10-«08
reg. . Mar.
Sept. li;4X
8»,l(M0s..
coap..Mar. ASepl. 107
B«, funded, 1881
reg..Quar.— Feb. VyiV,
6», funded, 1881... coup.. Qnar.— Feb. 10S)4
reg..Quar.— Mar. 101«4
4M», 1^91
coup.. Quar. -Mar. 10-2J4
4J48. 1891
4b, registered, 1907
yuar.— Jan 101
<», coupon, 1907
duar.— Jan. 102
68, Currency,l!;95-99rcg..Jan.
July. lI9Ji
• This Is the price bid: no sou was msde at
•a,
6«,
««,
««,
«•,
««,
6*,
6»,
&
&
&
&
&
&
*
&
1881
1381
.
Feb.
Feb.
26
:5
105\'
\W\
.
&
:
Feb.
Feb.
Mar.
17.
28.
1.
Ji
105K
10-K
lOSJi
IttlX
105%
105M
105
llSJi
103 "i
10.)14
10.-,
•108 >i
«
IW/,
106H 105 >i
105X I05!4
•108
•108« '108« •loex 10-Jt
*J08
lOiH 1(18 Ji inSX •108
103 Ji 101
103%
1037i 108%
106^ lOOJi lOfiX 'lOO^i 1103%
102 J4 lOSK 103X WZM 103
103
103 ii 103% 103X 103
101 ?< 102
•101% 102% 101%
103
103
108'< xl01%
101
MOl
101
101 >i
10;
M2 101% •loiK '101% 101%
1 8i£ iia
^ng
119% 119
•105 *<
103H
106V
lOiM
106>i
IttiJi
'
lOBX
105X
'
'
'
the Board,
Closing prices of securities in London have Deen as follows
Feb.
Feb.
Mclu I— Jtaiixe since
21.
15.
1.
Lowest
.Ian.
1,
1878.-
UtKllecl.
-1-
n. 8.
D. 8.
68, 6-208. 1867
5s. 10-408
6«of
1881
New 4^
per cents
106%
xlOosi
...
IMJj
xl02%
,
I
I
&
hany County, Md.
Empire City Fire Ins
.'OMunay Hill Bank
15 Hanover Nat. Bank
15 U. S Life Ins
90 Continental Nat
Cumberland
due 1.-91
5.CO0
24^"^
119
50
lOD
duo
109
& Pcnn RR.
85
69,
5,0.X)
Paterson City
7a,
due 1881.107%
5,onn Paterson City 7s, due 188i.l03
450 U. fe. Life Ins. scrip
65386
5,C0J City of Rahway 7s, impr.,
due 18r9
92<a94
10,000 Willard Ilotel Bond of
Washington, for
glOO
163
75
135
50
1:9
Co..202@'iO.J
Bank
67U. S Fire Ins
75 Columbia Fire Ins
SO N. Y. Gaslight Co
200 Manhattan Gaslight
60
$7,0C0 Jersey City 7s, impr.,
May 1. 1893
40 Union Mining Co. of Alleg24
&
BONDS.
Dayton RR.. 11%
Closing prices of leading State and Railroad Bouds for three
past, and the range since January. 1, 1878, have been aa
weeks
follows:
Feb.
Feb.
16.
81.
States.
Feb.
N.Y
5J(252%
Cin. Hsmilt.
106
106
in5!i
105%
1IM«
1C4,'<
103'/,
102,<
lOiH
104K Feb. 21 109X Jan. 26
103 !< Mch. 1 106% Jan. 15
U'2% Feb. 25 106% Jan. 2t
.Ian.
2
107if .Ian. aj
81«
Louisiana consols
Missouri 6s, 'e9 or '90
North Carolina 6s, old
Tennessee 68, old
Virginia 6s, consol
do
do 2d
District of
Columbia,
Mch. i^Range since Jan. l,I8T8.->
1.
83%
•84/.
I
I
Lowest.
Highest.
Feb. 11
8 83
7 lt«
Feb. B
19, 1?% F. h. g
80 !< Jan.
•105% •105H •105% 104 ;< .Ian.
•16% •16% •;5
16% Feb.
I
•3tiS<
series.
3-65s 1924
.
•67
•40
77
•36% a3% Jan.
•36>i
•66
•40
•68
4,39
F,b.
1
I
j
76% 76%
76%
Jan.""5'
So" Jan.'sO
Railroads.
:
1878.
.
&
,45 Mech.
Traders' Nat. B'k...lOO
116 Chatham Nat. B'k of N. Y.. .t02%
Grocers' Bank of
75 Brewers'
92
83 Phenix Nat. Bank
t,0 Bank of the Metropolis
84>f
209
65 Nat. City Bank
125 National Mechanics' Bankinf;
Mass
:
SHARES.
frs.
New York
the
sold the following at auction
SHARES.
2,04i,5
City ClearingHouse
banks, issued February 23, showed a decrease of $1,190,4-J0 in the
excess above tlieir 25 per cent legal reserve, the whole of such
excess being $13,033,750, against $14,824,200 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years
of
& Son
Messrs. A. H. Muiler
909,6-.y0'J,60-,0C(f.]
statement
209
,
l,m,l
2S7r.
909,6
[OO.COO
—
..
..
•64% 64%
•66% •6fi
Central of N. J. 1st consol. ..
;04% 104% 105%! 103 >4
Central Pacific 1st. 6s, gold
•109
•109%
109% 109
Chic. Burl. AQuincy consol. 7s
Chic. & Norlhwest'n, cp., gold •93M
9)% 941,] 91%
•93
Chic. M. & St. P. cons, s fd, 7s
'ii'H
« 93x1 91%
Chic. R. I.
Pac. Cs. 1917
mvt •10:% '107%, 106
112 •111 •Ill%'llO
Erie 1st, 7s, extended
•110 (109
LakcSh. AMich.So.lstcons.cp •109H
•106%
Michigan Central, consol. 78.
.. .1
101%
•116
11614; 117
ll.'iX
Morris & Essex, 1st mort
•118
118
Hud.
1st,
coup.
in
118%
«. Y. Cen.
96,i<
•a;. Hi
Ohio & Miss., cons. sink, fund •96
95%
•118
•117!<
118
Wayne
Chic.
1st
Pitlsb. Ft.
&
118K
•103 Vi' 104 « 103%
9t. Louis & Iron Mt.. 1st mort.
11)4%
Union Pacific 1st, 68, gold
lO.Mii 105% 103%
9T
x93
sinking fund
93
do
96%
. .
&
.
&
.
1
!
* This
IS
the price
t>ld:
no
$aie
was made
I
Jan. 29 6S% Feb. 5
Jan. 15 105% .Ian. -a
Jan. 2 110
Feb. h
.Tan.
14|
94% Mch
1
Jan. 5, i-SX Mch 1
Jan. 5,107^4 Feb. 9
Jan. 7. 112% Feb. 4
Jan. 10:110% Feb. 27
Jan. 5 107
Jan. H)
Jan. 5I11754 Feb. 5
Jan. 7 119;, Feb. 5
Fib. 20 100'^ .Ian. 30
Feb.
Feb.
8 118% Feb. 19
81106% Jan. iit
7 105% Mch
1
t
97% Feb. 18
Inn.
Mch.
at the Board.
Kallroad and miscellaneous Stocks, — The
stock market
hasjbeen sluggish as usual, and the volume of buain s. done is
far below the amount of transactions ordinarily taking place at this
time of )-ear. If the currency question is now settled, liowever,
there may be more activity, although it will take a little time t <
ascenain whether any additional measu'es calculated t) unsettle
values wih be introduced at the present sessioa of Congress.
As to the coal road sticks, the legislative iavestigaiiou does
not app'ir to have affected them very materially. Morris &
Essex lias been weak on free sales.
Tlie Philadelphia Ledger of the 27th hfs the following
:
termed the Coa!
Riading iiailroad
combination,
the
All parties have c mulcted
Company, was entirely satisfactory.
entry of secnrities and deposit of the penalty fund, and alt feil now
that the programme is to be carried out in good faith fitr the year. As
the Board of Control of what
the
neld yesterday at the office of
The meeting
of
is
all
parties
to restrict
willingness
of
a Inrlher as»u'ance of the
the output of coal until the market absorbs the coal now all lat and at
Board at
fixed
by
the
month
.March
was
of
tidewater, tho pro luction of the
Philadelphia and Re.irting Riilroad, 2i?,u.0 tons:
825,0(10 tnn», divided thus
Railroad.
12,'.,U)0
Jersey
Central
N
w
Lehigh Vidley Railroad. 150,000 tons
tons: Delaware, Lackawanna aud Wesiirn Itailroad, lOO.i'tO tons Delaware
Companr,
50,000
Pennsylvania
Railroad
tons
and Hndson Canal, 100,000
tons, and Pennsylvania Coal Company, 50,000 tons, making a total of SiS,CO0
:
;
;
:
tor.8.
One of tbe priniipal points this week was ilie decline in Pennsylvania leased line stocks here and in Philadelphia. The loss
to the lessee in 1877 is made the alleged basis for this decline,
but it is thought that there has also been a bearish influence to
help the movi-ment. There seems to be little prospect that the
leases can or will be broken, and the earnings of the Pennsylvania
main line must go to pay rentals so tongas depression in business
and cutting of freight rates compels it.
Total sales of the week in leading atocks were as follows
:
K
V
V
. ..
..
X
THE CHRONICLE
210
Lake West'n
North-
weit. Shore. Union.
Peb.
11,167
8.750
7,603
20,600
21,190
18,760
3,800
4,800
3,000
4,800
4,400
7,700
25.
Har.
,
1.
Total..
27,300
Whole stock
8.50
2,i35
9,o63
3,300
i,4';o
J, 425
1S.S76
8s957
&
Del.
St.
N. Y.
Del. L.
Paul.
Cent.
&\V.
Erie.
GIO
12,032
203
400
20 J
3,.350
600
200
2,^80
3,055
2,785
1,600
;4,.524
6,716
4.B00
2,500
4,100
4,5:0
9,700
32,116
mi
1J,%0
1,705
5,204
7,252
6,6(0
2,103
23,210
8,100
17,740
87,502
1,981
Had.
•2,121
£33
:
151.031 494,665 337,874 151.012 894 2^3 524,000 780,000 200,000
given
The
total numlier of shares of stock oulstandiog is
the last lino, f jr tb>j purpose of comparison.
in
do
Chic,
pref.
t North.
pref.
1. & Pac.
Feb.
i'5.
Feb.
26.
Feb.
27.
Feb.
28,
M»r.
1.
17 K
Vii
r.
lex
15)4
16
15X
16
16
10i<i I03'„ xlOl
38
SIX S8K
69
6D}^
"lOX
Sl;< S5H
loix
101
ISX
99K
37K
69X
S4X
61V
9JV
46V
99V
3:X
70X
35X
99V 99V
62<4
99
46X
V
do
C. K.
Oel.A
Erie
tian.
Canal
11.
Del. L.
& West
HH
9X
9X
Job
•W!4
....
&
St.
do
111.
M
Oential...
Lake Shore
«l««
60
Morrlg&Essex
71^
. ,
N.y.Cen.&H.l!
Ohio & .\Il88...
Pacific Mali ..
105
Panama
•.
IV
West. Un. Tel.
Adams Exp...
American Ex
7V
15X
16!«'
68
iS
101
V4
"X
38 X
110
71K
23
130
131
6»
«
51V 5IV
15
8i
18X 19H
V%
10J4
2iX
73X
13 S<
6IX
59X 59V
68X 71
104 ;< 101
TV
73X
60V
7X
V
7X
35X
62;^
99
47 X
47X
9X
....
104X
11)3X
7V
7X
7X
22X 22X
23
23X
'.... 135
49
49
.''IX
51V
•61!,-
B5
19)V
S15i
85
•d4K 85
18H 13J<
•30«
isH isx
ieJi
tS
15)4
•
68
-.6^
..
63
75V 76X
lOOK
l(»iS
i8X
35
6JM
9>>
67X 6954
104X lOIX
7X
48)(;
•43
49X
:•::;
W"
•17X 18X
30
made
19
76V 76X
100J< 100 X
49
49X
51
51
85
49Si
SOX 50X
84X
•nv
•S4X 85
•17W 18X
31
30
at tae
Board.
KH
.'.
•
64
75X 7^X
lOOK 100><
100 K
30
...
....
•29X
Total sales this week, and the range in prices since Jan.
1877. were as follows:
Sales
of w'k.
I
Share?
Central of
New Jersey
3,866
1,793
Chicago Burl. <fc Quincy
Chicago Mil. & St. Paol
do
do
pref..
Chicago & Northwestern
do
do
pref..
Chicaco Rock Island & Pacific.
Delaware & Hudson Canal
Delaware Lack. & Western
.12,116
40,280
27,30
14,995
2,258
14,5'4
87,502
1,600
1,3(0
6,000
2,140
Erie..,
Hannibal
do
&
St.
Joseph
do
pref....
Illinois Central
Lake Shore
Michigan Central
8:
l,iji7
4.30
I
13,876
Adams Express
14X Jan.
64X Jan.
75>4
12.|
93
American Express
274
United States Express
WellH, Fargo & Co
47,'i
250 46
11
Quicksilver
Hf.
1,^00
nrof
200
i'ne latest railroad
82^
Feb.
Jan.
Jan.
Jan.
Jan.
151
17,'i
llSJi
11
42X
40 Ji
73!i
.
The following
.
week of Feb.
aev. Mt V. & D.,&c..2d week of Feb.
Chicago & Northwest. M onth of Jan
Dakota Southern ...Month of Jan
Denv. Se, Rio Grande... 2d week if Feb.
Det Lansing&North Monlh of Jan..
Dubuque & S. City.. .2d week of Peb.
Grand Trnnk
W'kend. F.b.ls.
Great Western
W'kend. Feh.'S.
Hannibal & St. Jo.. Ist wiek of Feb
Illinois Cent.<lll. line.) Month of Jan...
do Iowa Lines, rtionth of Jan..
do Springf. div.Manthof Jan...
Indianan. Bl. & W.... 2d week of Feb
Int. & Gt. Northern.. 1st week of Feb.
Kansas Pacific
8d week of Feb.
Loaisv. &, Nashville.. .Month of Jan...
Michigan Central... li-t week of Feb
Missouri Pacific
Month of Jan.
Mo. Kansas & Texas.. Month of Jan...
Paul. ..3d
. .
.
.
.
& St.L..Monih of Jan.
Pad. & Elizabetht'n. ..2d week of Feb
Pad. iSsMcmphis
2d week of Feb.
Phlla. & Brie
Month of Jan.
St. Jo?. & Western... Month of Jan
8t.L. A.&T.H.ibrchs/.vd week of Feb'
St. L. I. Mt. &. South 8d week of Peb
St L. K. C. A North'n.ad week of Feb.
St. L. & S. Francisco .Sd week of Feb.
8t.L.&S.E'n(StL.div.) 1st week of Feb.
(Ken.diT.)..Ist week of Feb.
" (Tenn.div.)..lst weekof Feb.
St. Paul & 8. City
Month of Jan
Sioux City&St.Paal. .Month of Jan
Tol.Peoria A Wartaw..2d week of Feb.
"Pabash
8d weikrf Feb,
1-lie uold IVIaiKei
Gold
Nashv. Chatt.
.
.
1,877.
1.170,615
351,618
161,000
9^131
7,:133
6,: 63
787,726
1,077,891
15,053
12,764
56,963
22,427
189,892
92,017
S5,0J0
444,751
128,4i2
19.507
20975
27.413
43,496
490.000
l;6,019
294,-11
217.r;2J
177.806
«,S'0
4.147
220,496
45,802
10,050
f9,200
65,113
18.769
11,701
8,256
3,500
8,4i'7
10.SD2
45,632
15,029
177,187
76,844
28,9J5
367,401
93,255
:
Napoleons
K X Reichmarks
X Guilders
Spanish Doubloons.
>iexican Doubloons
Fine silver bars
Fine gold bars
@
®
4 72
3 90
15 70
15 50
119
Five francs
4 78
10
16 00
15 70
©4
a
©
a
Mexican
dollars.
.
K
K\
4X
7
17
40'^
45
35X
Feb.
Jan.
SO
33 J4
7:1
73'.4
i4'4
51 Vi 921^
firmer, and
soiaeof the bankers anticipate that rates will j;radually go up to
To-day, an advance wss made by leading
specie shipping point.
drawers. to 4.84J for CO days, and 4.86^ for demand, and on actual
business the rates with brokers were about i point lower.
In domf Stic bills the following were the rates to-day on
York at the undermentioned cities : Savannah, J premium ;
Charleston, easier, 4@3-16 premium, J premium ; Boston, 25c.
New
discount New Orleans, commercial, \, bank par
discount, and St. Louis, par.
Quotations for foreign exchange are as follows:
;
Swiss
(fra-ics)
(guilders)
277,215
17,172
1,125.000
316,711
1,226.000
42,886
l,07r,Mj!
15.053
WX
5
NcwYork
Ma hattan
Capital
3,169,-200
.Merchants'
3,010,000
3.061.100
Mechanic^'
2.01)0.000
6,:17:i,30O
937,400
2,007,910
615.700
l,-2fl0,000
4,350,'<00
Phtenix
Co...
,3,000,000
1,0110,000
24
City
45
Tradesmen's
Ji0,5'i7
5.473
93,tS6
1^,522
16,<l59
;iS.44.1
S7,720
8,11)7
H3.0.50
56,9
45,6
i.l
1-.4,431
1,24S,.37?
662,358
140,160
444,751
148,IS2
r',507
172.0:3
162.2W
217,l!29
177,816
25,479
3.0,196
45,E0J
68,239
671,303
448.S05
131,860
60,936
81.658
15,997
40,407
25,959
189,617
632.018
12
M,581
1.104,873
4Jl,9i2
112,257
S67,4':i
113,275
18-2,104
208,64a
326.^81
445,763
67M9I
565,903
237,032
151^466
£8,419
23',.550
20,-i80
71,043
7I0,.',S3
4-25,671
149,772
5a,920
8i;,3n8
16.U33
30 697
15,5-22
114,192
518.866
resconded ve
very pi uggishly '0 the
passage of the Silver bill, and after opening to-day at 102 ffll off
at the close to 101|.
The doubt as to the actual effect ot the
$
S
8,750,000
5.791,0'.i0
90
667,619
Legal
Spec'e. Tenders.
Discounts.
3,000,000
59 ,V
3-.l,i0S
4C«@ 40 >4
'"
95H© 95^
«®
95
«®
95i<@
95)4
94?^
2,ii50.0
81
13
19
124,004
i9,59a
1,170,615
5.18H@5.15X
-AVERAOE AMOUNT OF-
Banks
36
(
5.1SX@5.15.'<
5.18;i@5.15J{
94%
94xa 94H
94
85!i@4.S6i4
95«® 1-5)4
New Vork City Banks.— The foUowinjr statement shows the
condition of the Associated Banks of New York City for the week
snding at the commencement of business on Feb. 23, 1878:
Union
America
OOliC
86,94.'
669,897
291,8 1
40 467
25,959
23.191
©4.82
B4X@
S
73
1 to latest date.
1878.
1677.
SI71,(;00
{134,864
311,413
12,581
6,971
3,488
4.85Ji@4.i-55i
4.83)4@4.84)tf
4.e3 ©4.84
(reichmarks)
Frankfort (reichmarks)
Bremen (reichmarks)
Berlin (reichmarks)
130
1 to latesi
490,0110
a7,3?,7
4
f3ii©4.83»i
81>i@4.82)i
Loans and
114,140
265.001
2 7.(32
150,466
6,453
28,580
10,676
106,593
73,908
3 days.
S3KS4.84)^
81
(francs)
:
II
Cbicago, 80
;
60 days.
Prime bankers' sterling bills on London.
Good bankers' and prime commercial
Good commercial
Documentary commercial
18;i> 26;<
56
91
4314
97Jtf
— Foreign exchange has been growing
85ii 109^
59.!^
'flii
par@Jiprem.
Hamburg
44.5,768
4,.<;81
.
English silver
Prussian silv. tbalera
Tradedollars
U9,
—
—
—
— 90 © — 97!?
— 94 ® — 95
4 75 © 4 85
— 65 © — 70
— 97 © —
(J3
Amsterdam
18,154
34,636
50,482
2?-2,5.^0
1,619,324
.oix
are quotations in gold for various coins
Dimes A half dimes. — K-'.i^
$4 84 @ $4 89
3 90
Large silver, XsA^s
3 86
96Ji@
Sovereigns
Exchvnse.
my.
82 )i 105X
7i
$13I,SS4
19 818
5,- 97
7,300
\<ny, 101 J,
102J4'101ii
1,000.000
.... 1,000,000
6ai,0O0
189.1,00
1,081,2^10
1,6.13,700
2,7-20,000
487.000
1,121,600
1,480.200
3,-291,800
3114,700
'
29C,700
1,507,3
Fulton
10,142.600 l,37s,800
3'JO,0
Ctemical
253,600
3,213,:500
Merchants' Exch. 1,00:1.000
8,-287,100
644,:i00
Gallatin National 1,5:0,000
91,000
1,379,000
500.000
Butchers'A Drov.
5,000
1,520,000
600,000
Mechanics' A Tr.
8-i3.5I0
2 0.000
Greenwich
Leather Manuftrs.
1878.
1, -388,709
25X 74M
30^ 77
Jan.
Jan.
Jan.
Jan.
Jan.
from Jan.
1,364,19)
lOIJi •.02X lOlJi
.20«@5.17V4
Latest earnings reported.———, Jan.
—
1C2
.21>4@5.17'/i
.21}i@5.17,'i
3»K® 40
and including, the period mentioned
.
& St.
Current week.
Preyions week..
Jan. 1 to dale
Paris (francs)
69
totals
Atch. Top. A S. Fe ..Month of .Tan
$171,0
Bur. C. Rap. & Nonh.3d week of Feb.
39,760
Cairo & St. Louis
2(1 week of I'Vb.
3,220
Central Pacific
Slonth of Jan.. 1,1-25,000
Chicago & Alton
Month of Jan
318.711
Chic. Mil.
"
Mar.
Antwerp
dates, are given below.
The statement includes the gross earnings of all railroads from which returns can be obtained.
The
columns under the heading " Jan. 1 to latest date" furnish the
1, to,
*'
$1,707,428 $1,7:33,911
1,845.855 1, f 86,483
1,053,066 1,074,4^6
1,327,218 1,354,107
1,938,000
1,972,027
43M
37K m>i
15
Jan. 10
13, 78X Jan.
2|
8jl0ii/j Peb. 8
14 50
Jan. 2
221 515iFeb. 25
4
37X
6
94
SrSi Ian. 2
15*4 .Tan. 26l 193i Feb. 25
•9»< Feb. 5' 31>5 Jan. 21
earnmes, and the
gross earnings from Jan.
in the second column.
"
Mar.
Low. Hiuh
;
;
|
"
Monday,
Tuesday.
Balances.
-*
Gold. ,Currency,
Whole
year 1877.
Highest
13'4 Jan.
2j IBii Jan.
99X Feb. 28 ;05Ji Peb.
36
Jan. 2| 39'4 Jan.
CS.S Jan. 30, 7JJ£ Jan.
Jan.
•;3>i Feb. ll! 33
69Ji Feb. 9; 6t>^ Jan.
9S'/, Jan. 16 lOOx Jan.
45
Jan. 51 62Ji Jan.
46% Jan. 5, 52.5i Jan.
7% Jan. 5| 10' Jan.
10
Feb. 28j 12J^ Jun.
2;H Peb. 28 27 Jan.
77
Feb.
7-'Ji Feb. 14
59«i Jan. 15i 63Ji Jan.
1,
58ii Jan. 3 63
30,573 67 i. Feb. 28 75 !<
17,740 1035i Feb. Illl08»i
4,700
7
Jan. 161 6'4
S.SIO 21 ^i Jan. 5' 23%
119 112
Jan. 5 131
ftock
Union Pacific
Western Union TeIef,Taph
1,
1878, to date.-
-Jan.
Lowest.
2,:i(0
Morris & E^sei
N. Y. Central & Hudson River.
Ohio & Mississippi
Pacific Mail
Panama
Wabash
—
,
Peb.
Saturday,
,
.UV
2^X 22X
73X 73 X
61
61V
19X 60
67X 6JV
61)4
58
69 V
Siii
•10
HI
22
73 (<
10
21
2;X 22X
23,"^
9X
9X
lOK
-(^^uotations.Op'n Low, High Clos,
102
102
lOiX 102
102,V 101 Ji 102.1,' 102
102
lOlJi
lOlJi
m\% 101 3i U'17. lOlJl
loir, uii3i 10174 lOlJi
102
101% 102
101%
.
7UX
99
46
46 H
H 47X
46
V
87
131
r,\
19V
47
60Ji
72
105
SIX
'30X
the price Did and asKed : no lali was
pref.
Is
9
99'^
22
liV 15V
lOO
•43 H
99
46 "i
46Ji
9ii
7H
iSa 58 H
13ll
•15V 16H
67Ji 67«
Wells. FarKO ..
Quicksilver....
do
..
in
van
lOJx
62 S<
lOX 10*4
22V 23X
T2V 73
6 % 6'X
59V 69V
-.t% 76J<
lex 16^
lOOH lOOSi •100 lonx
United States.
This
60
72
;05>«
na
Wabaeh, stock
Union Pacific.
*
61^
37X 87 V
69V 70K
SJM 85
61V 62>«
99X
46H 46V
47X 47X
2i% 23>i
Ti% -.aa
6:X 6IX
60
60X
"IK -1)4
74
Michigan Cent
62^-
lOOV
lllO!,
»,
99 :i
W%
'»%
J3X 2V4
pref.
7UX
62X 62V
99M 9aM
46V 46V
47H 46
9« 9M
47X
Ull
3:x 3SX
7''>« 70X
85
S5X
SS'A
X
:
Friday,
-
Central ot N.J
Chic. Burl .&Q
U. Mil. 4 St. F.
'
Thursday,
dailf highest
Feb. 23.
\V4 nj<
Silver law iu its present shape is well reHected in this movement
of gold.
It is reported that some of the foreign ba kers are considera'jly " long " in gold.
On gold loans the rates were 4^, 4
and 5 per cent for carrying. In London to day silver was quoted
at 54|d. per z.
The range of gold and clearings and balances were as follows
Wednesday,
and lowest Drices have been as follows
-..
-.-. ... Thursday,
—
Friday
Wednes'y,
i<iiiuraRy,
Mondar,
Tuesday,
The
Vol. XXVI.
I
$
BS2,200
9 -19, .WO
88-2.000
6r6,:„00
34>>,7(;0
1,0-26,400
2:i,i)ro
1,111.000
151,600
722.100
1,928,500
376,600
334,3
•214,000
240,000
180,400
230,100
Seventh Ward....
State of N. York.
American Exche.
600,000
300,000
600,000
2,3;o,soo
77S,9(0
5,'i00,(:00
12,552,000
Commerce
.5,000,000
Broadway
1.000,000
Mercantile
1,'OaoOO
42-2.700
13,-21u,000
4,089..5OO
3,503,-200
2.1.12,600
500,000
450,000
3,013,700
3,161,200
412,.500
1, -260,600
1,514.300
4,806,700
Irving
00,000
1,000,000
500,000
Metropolitan
S.OOO.iiOO
l,42;i,0O0
l,-29-2,00O
1,01:0.000
11,848,000
1,711,100
1,»!1,900
57,700
118,400
1,00,000
2,735,-20O
26'J,700
1,000,000
and Leather. 1,000,000
Exchange.. l.COO.OOO
1,970,600
3,620,500
2,843.600
2.9.2.800
1.179,200
2.159,000
16.702,100
12 984,300
(HO.lOO
5S4,300
823.700
720,900
52,900
277,400
255,300
398,800
317.900
345,500
196,400
451,000
280,000
817,700
225,000
316,000
Pacific
Republic
1
Chatham
People's
North America
Hanover
.
.
.
5
600,000
Citizens'
Nassau
Market
Nicholas
St.
Shoe
Corn
Continental
1 ,-2.50,('00
Oriental*
300.000
Marine
400.000
Importers'ATrad. 1,^00,000
2,000,000
Park
500,000
Mecb. Bkg. Aes'n.
Grocers'
800,000
North River
BaftK:ver
40:1,000
350,000
IfO.OiO
1.4-9..300
4112.700
846.800
1,013,000
939.300
206,600
486,300
6:9,000
367,6(0
4:15,700
29.5,:100
7.600
48,600
601,500
223,300
1,9:18,600
136,7110
34,300
218,000
1,361,100
1.687,400
16,000
3,200
16,900
58,600
52,400
434,'200
Mannf'rs' A Mer.
Fourth Nalional.. .3,750.100 13,800.903
7,-213,000
Central National.. 2,000,000
Second National..
Ninth National...
First National....
Third National ..
N. y Nat E.wh
.
300,000
750,000
600,010
1,(:0.),000
300,000
Bowery Natiiinal. 250,000
New York County 200.0
German American 1,000,000
.
.
Total
.
.
2,060,000
3,199,300
7,113,800
6,476,00u
1.03I.50D
8
Circulation.
$
8,831,8,10
4,.361,300
7,:i9T,900
4,785,700
.3,664.700
6,11.6,1100
2,004,000
3,998,200
S,0!4.700
1,639.000
39,000
7,000
119,700
174,000
135,000
1,100
256.900
779,200
l(i,496,I.CO
2,414,300
2,021,300
1,063,000
955,000
692,-200
3,049,800
751,900
1,488.700
9,977,000
5.7S1,900
3.225,700
3,13-2.700
681,700
60,800
275,000
198,000
2,700
847,900
38,600
45,000
2:9,000
2,045.800
S'.i5,000
180,000
2.1M,700
189,i;00
1.072,6(XI
450,000
t65,8C0
5,400
30t,.'i:0
1,316.400
4,327,000
1,992.(00
10,926.000
2,260.000
1,7:14.700
'iiOLBflO
l,S43,7O0
3,900
3(8,400
493.710
396,800
4,700
780,300
662,V00
327,(00
.3,691,500
2,879,600
111, .300
100,300
1,781,600
3,147,700
1,941,11X1
7e3,900
2,905.000
1,575,100
1,744.-200
1,018,500
2.088,000
17,863,200
15,638,IW0
491,200
466,400
418.7(10
ri,400
874.006
1,109,200
510,000
301,700
126,-200
69,^,100
96.100
105.100
570,100
456,500
98,900
1,14-2,000
1,9-23,(00
11,625,8011
426,000
1,180,000
,952,r00
5-29,000
2,066,tHX)
733,100
1,000,500
626,900
1:«,400
831,000
296,200
247,400
8.387,100
1,063,200
1,486,000
270,000
600.000
1,15-2,100
101,700
1,534,200
976,400
157,900
3,400
1,050,900
2,318,400
8:8,100
8.362,0110
4.iO,000
6, .393, 700
787,000
757,400
•269,500
i-42,303
l,101,:i00
284,500
180,000
1,991,400
66,385.200 24:),659, 100 32,379,400 33,978,000 210.694,600 19,806,900
No report same as last weeK.
The deviations from returns
*
14-2.600
134,000
5i0.300
8,219,(00
1.179,8.0
729,400
295,f00
46,400
294,300
Net
Deposits.
;
Loans
Specie
Legal Tenders
Inc.
Uec.
Dec.
ot previous week are as follows
Dec. $l,'»r,400
Net Deposits
$791,-200
682,20;i
:
|
867,600}
Circulation
Inc.
25,700
...
..
UAHcn
THE
1878.]
a,
.
.
.
.. .
..
.
OVUTIM.
211
NEW
6a,ise<
e>.
8<,1S88
M.«
K. KR..
Ala. A (Jh.U.
Hi,
da,
Ft. 8. lu
JSt L.R.;
7s.
I.. 11. ft
7.'t
.M?tunhl8
<.!. B.*N.O
Is, Mlaa. O. & K. K.
7a, Ark. Cent. Kit...
Connecticut to
Qeorgla 6s
do
do
do
do
68,new
6h,
floaUng debt
7b,
6b,
8s,
PenuencUrj
levee
—
Chic.
small
;nS-79
100
m
1883
78. IB3U
6(1,
Missouri 6 1, due ISiS..
luu
..
I
US6'!01>4
Winona A
i3f; luijk loSH
l&JS 105 :....
lS89or'9 ilOSJi!....
Aaylom or Un.,due
6s,go!i,reg....l88T
ts,
do coup..!8S7.
6s,
do loan. ..1883
do do . lem
ta
do do
do
do
Roith Carolina—
(a,
If,
.
A.
do
...
Del.
H.C.KU
1893....
J.
A
(Jo
2«
ClassS
Ohio 6a, 1881
Buff . N. Y.
ta,i88<
I
Cleve.
2U
J
2»H
6«!<'....
Laf
m
3
nut
jig
A
do
18
A
A
Erie,
Ash., old bdsi
new bds
new bonds..
.
Hannibal R.
A
SO
3
CITIES.
do
M
!
consol.
no
.
Memphis bonda C
.
llOk
U
10
I
(
'3
North*n,pref
ma
.
niscePons Stock*.
do
Peon.
Allaull- A I'a-.Tel
Am. DUtrlct Telegraph..
RR-
Pllts. Ft.
do
do
Canton Co., Uiilttiiiore
Cent. N .1 Land A Im. Co.
American Coal
Oonsolldai'o Coal of Md.
Cumberlimd Coal A Iron.
Maryland Coal
.
Pennsylvania Coal
Spring .Mountain Coal
Marlposs L. A M. Co
do
do
pref.
Ontario Silver Mining....
Cleve.
A
Co
1
1><
1st
B
Carou't
W. A Chic. Istm.
do
2dm.
do
Sdm.
104
LouiaT.
Pitts., consol., s.f.
32
Railroad Bonda.
I
I
nv
Boston U. A Krle. Ist m.
do
guar. ... flui
Bar. C.R 4 North., 1st 58..
ChBsa. A Ohio <>, 1st m.
g»
do
exoonpl ...
.
j
mJ
,
I
13!«
NaahT. cons.
ra. 7a.
mort
do
2dm..7s,g..
105H ...
Col. Chic. A Ind. C, Ist mort 3U'A 31)4 Michigan Air Lino 8a, 1890....-'
do
do
MoBtclalr A O. L.iat .»
2d mort
...
Rome Watert'n A Og., con. 1st
50
do 2dm. 'iB
Bt. L. A Iron Mountain, 1st in. 104^ ...
Vlo. K.&Tex.lat7s. g., 190*-'06
do
2f1 m. incfiine...
do
do
2d m..
Bt. L. Alton A T. H.—
iN.J. Midland Ist 7s,gold
do
Alton A T. U., lat mort .. .
|iia
2d 7a
hJ.T. Elevated l!R.,l!tm
do
2d mort., pref.
do
2dmort. Inc'me
TO l|N.Y. AOsw. Mid. isl
Belleville A S. Ill.lt. Isl m. 8s
do
-id 7s. 1393..
Tol. Peoria A Warsaw, F.. D.
do rccelr's ctfs.dabor;
do
do
W. D..
do
do
(Other.
do
do Bur. Dlv.
do
do 2d mort.
+ Anil aecmed Iiit3reai.
do
* Price noniUiaJ.
do consol. 78
4th
1
OSIocil f>'.liari'ie I^-Icm.)
A
.
.
T.
93
33
un
13
7
S<i
»5
78
66
20
72
94
40
l1«
8
33
60
•15
23
85
SO
23
95
106
107
tlH 90
VIH 92
30
4
42
46
7
44
6
HI
22
2
78
4
25
6
"6
1
ST**
29
\\
90
S7«
consol. 68... ...
rullroad. 68.. .
wharf Imp'ts, 7-30
.
'.'.'.'.'"
88
6a
40
40
[]'
new
78,
Wllm'ton, N.C.,
6a,
8a,
do
96
:02
105
102
una
.Savf nnah 7s, old
do
98^
94
15
6s
Richmond
gold
gold
RAILROADS.
I
«)
3e>4
j
coup
1
on.
A Chatt. I8tm.8a, end
do Kec'ver's Cert's (var.Nos)
:o
46
I
8H
1
A
Atlantic
do
do
do
65
83
40
40
K'8
63
.
I
n
new
Petersburg 6s
do
do
stock
Georgia RR. 7a
do
stock
34
86
A
Greenville
38
.
do
do
do
Ta.
Memphis A
<}o
do
Memphis A
"uo
33
guar,
2d endoraed.
stock
Charleaton lat 7s.
2d 7B...
Rock
Isl
m
91
74
6
SO
98
88
m
Mlaalaslppl Central Isi
Ta
do
2d m.Sa ..
do
2d ex coupon*
88, Interest
A
N. Orleans
Nashville
Nashville
Norfolk
96
92
94
08
93
80
A
Petersburg
do
do
Northeastern, S.
IOO
91
86
45
45
S3
10
ibs
morlg.
8s...,
Chat.
St.L. 7a....
Decatur, Ist 7s..
A
A
Si
2dmori.38
Jacka. 1st m.Sa
Certificate, 2d
94
80
8
33
7«X 78
Mont. A Eufanla 1st 8s, g., end 20
MobUeAOhlo sterlings
40
do
do ex cert. 6a 40
do
do
38
96
Block..
Little
88ti
90
90
47
1C7
;
Col. 78, 1st mort.
Macon A Anguataboads
m
a-i
33
35
20
DO
80
Gulf, consol
end. Saran'h.
11,0
stock
do guar..
55
Carolina Central lsim.6s, g..
32
26
Central Georgia consol. m. 7a 1 2
24
do
50
stock
55
Charlotte Col. A A. Ist M.7i.
67
i2
do
do
stock .
Chcraw A Darlington ss ..
loS
East Tenu. A Georgia (Js .
81
20
East Tenn. A Va. 68 end. Ten'ri 85
100)4 E. Tenn. Va. A Ga. Isl m. 7b..
98
103
I
do ;s, g.,rd Er..JAJ,'8l;
do Is, g., do MAS,'8f
do «a,gold, J.AD., 1836
do 6s, do F.A A., 1895
do 7s, Leaven, br., '96.
do Incomes, No. u...
do
do
No. 16...
do
Stock
ICeoknk A Des Moines Ut 78.
do
funded Int. da
118« Lake Sup. A Mlas. 1st Ts. gold.
113
Lear. Law. A Gal. ut m.. lUs.
105H Long Island RR., 1st mort,
..
Ala.
7i
I
]
RK
C.
old
do
do
do
?^«:
75
,,:
i
25
15
A
M.
Orleans prem.Sa
111
13
5J
1*
6s,
6s,
do
New
VT
i°..
llOX Norfolk
21
.2d ni. Inc. 7i.i
A A B
bonds
end.,
Nashville
t lOUJj 101)a
7s.
93
80
46
43
4S
20
SO
40
50
.
do 88 (coups, on)
do
68, lunded
Mouigomery, new 5s
do
new 3s
25
BOHl Ues Moines A Ft. Dodge Ist 78
08
DetroltA BayClty S8,end...'t "70
10
Dutchess A Columbia 7s
M7
I07H Erie A Pittsburgh Ipt 7s
do
1«
con. m., 78.. 80
06
do
do
.
MoblteSs (coups, on)
'& 101)4
87),
..
—
South'.Tn..
67
79
'70
.Vfacon bonds, 78
32
do
7s, equip...
103
[Kvansvllle A Crawfordav., 78. ioo
iKvansvIlle Hen. A Nashv. 78... 40
'64
lEvansvIlle, T. II. A Chic. 7s. g. •so
:04ji ;(5
N. y. Central 68, 188S
10D>»|106>4
."llntAPerc M. Ss.Land grant. •so
S5
do
68, 1887
I04)« lOS ,, Fort W., Jackson A Sag. 8s, '89 to
do
68, real estate.,
Urand li.A Ind. '.at 73, Lg., gu. 90
f6
6s, subscription, 101)4105
do
....
8Si
84
do
i8t ^8, 1. R., not gj.|
do A Hudson, 1st m., coup
|118)ij
50
do
do
Istm., reg.,
Ut ex 1. g. Ta.l 40
do
Grand River Valley ?», lat m*. tt5
90
Hudson R. 7s, 2d m., s.f ., 188: iiiHi;:::
61
Houston A Ut. North. Ist 7a, g.
Harlem, 1st mort. 7s, coup...
Hous.ATexasC. 1st 78, gold..; 'J-2; 84
do
7s. reg ...
do
I03mo3>4
64
do
consol. bds.. 60
North Missouri, 1st mort
^. _,
Indianapolis A St. Louis Ist 7S; 80
75
Ohio A Miss., consol. sink. fd. ,l*5*t!
75
Indlauap, A Vlncen. t3t7s, gr..i 70
consolidated
fOHi.
do
ba
6)
63
International iTexas) Ist g..
do
2d do
...
20
Int. H. AG. X. conv. 8.?
23
1st Spring, dlv.,
do
Iowa Falls A Slonx C. 1st 7a.
88
Pacinc Railroads—
tes
98
Central Pacltlc gold bonds.. K5)4ll05« lackson Lana. A Sag. 8a, 1st
do San Joaquin branch SaS' 8b), ;lal. Allegan. A O. li. 8s.gr... Via 96
80
Kalamazoo A South II. 83, gr.
do Cal. & Oregon Ist . ....
...
...
-Canaas
iOU
StHte
Aid
bonds
City&
do
Cajneroii ii's... n-8
.0
Kansas Pair, ia, g,.exl. MAN, "99 48
do Laud Grant bonds..
do
ibb
Lynchburg 6s
110
Chic A Mien. L. sh. lat >8. '89. 175
15
Chic. A S'thwestem ^s, guar,
70
CIn. Lafayette A Chic. Ist in
Col. A Hock V. l8t Ts, a) years. lOJ
Vi
do
lAt 7s, 10 years.
do
2d 7s, 20 years.. 00
30
Connecticut Valley 7s
23
Connecticut Western lat 73
Dan. Urb. Bl. A P. lat m. 78, g. 20
Denver Pac., let m.78, Id.gr..g. 48
Denver A Illo Crande 7s, gold •47
lU-i
11
93
100
38
1
93
HO
6)
65
65
:
10«
Cons. coup.. Ist. I'O
7a, gold,l89.'-l9l0. J.AJt 110)4 111
78,gold. 1901 ..J.ftJ ..t 111)4 113
105
penalon, ISW.. J.AJt 104
10s,
do
do
lOOia lOl,'*!
100>j 10!)»
102)4 103^
Ea.t. HI. Ist mort., 6s.
do
—
[
43
7i
43
93)4 100
75
consol. 6a. 80
M.ASt 101 103
B
c
Atlanta.Oa., Ta
100)5 103
..
,
••^
'tw
100
State Line 7s
Cons, reg., 1st..
Cons, coup., 2d.
Cons. reg.. 2d...
.
Chicago Clinton A Dub
A ("an. South '.atm.g.
Chic.
Chic.
I'ja
[
mu
pref.i
TerreliaureA Ina'polls
CnlteU K.J. K.AC
Warren
.
1'
do
111
91
gold
.
Cblcavo A Iowa K. Saas.
American Central Ss
Western Pacific bonds. ...
ioVh
Southern Pac. of Cal., 1st in.'
Union Pacific, isl mort. b'd8|105;*! 105>^
Land gmiits, 7s. lt'4K!
do
Sinking lund... x''2>i. 03
do
vjh,i'
Facldc R. of Mo., 1st liiurt..
do
2d mort
do
Income, 7s
BellevllleiSo. UL.pref.'
&
A
A Warsaw 88
A Minn. 88
A
Peoria
S3
do
do
do
113
111
104
100
10s
I
.
M a
116
103
111J4
no
50
ai
42
70
42
A
consols. Class
Class
Class
do
Georgia 6a, I87»-'S9
South Carolina new
Texas «8, 1892
.
A Saratoga
Bome Watertown A Og.
Louis Alton AT. U...
Ben«Belaer
do
do
do
in
45
30
STATES.
Alabama new
....
Grand Trunk
.
Ch., guar..
special.
Bl.
8t. L. i.
8t. L. K. C.
IC6
1<8
108
81
8B
41
.'.0
(.Broken' Qiintaaona.)
'
LtJH
I
....
Soathern Secnritlea.
lib
I
Nashville....
Missouri Kansas A Texas.
New Jersey Southern
Kew York Elevated Rli..
N. V. New Haven A Hart.
Ohio & Ml^-^Iss'ppI, pref
do
'P
;07
107
112
103
BOX
7s. Ist
.
Qulncy
•••
90
jnon.
Ist
84
60
waterworks.
Augusta, Ga., 78, bonda.
...
Illinois
IstHiort..
mort...
new bonds
7s,
Cblc. Dub.
1st
Marietta A CIn. Ist mort
Mich. Cent., consol. 7s, 190j ..
Istm. 8s. 882, 8. f.
do
equipment bonds.
do
New Jersey Southern lat m. 78
Chicago
Vt'.
1916.
Tol. sinking fund
do
do
do
do
do
Lontr iBlRiid
do
114
iOi
j 11.5
.
.
Dct. Mon. A
Lake Shore Dlv. bonds
87«....
MH'....
Cleve.Col. CIn. A 1
Cleve. A Pittsburg, guar.
Col. Chic. A I Cent
Dubuque A Sluux City.
Krle pref
Pitts. Ft.
7-;iOs
1I0>»
...
flOlu
i09
108
8s...
So. Pac. of Cal., Ist "A" 68. sr.
Tol. Can. So. A Det 1st 7s, g.
guar.
Union A Logansport 7s
Union Pacini;, So. branch, 6B,g
West Wisconsin 78, gold..
Wisconsin Ceat, Ist, 7s
101
110
t5
85
Deb. certa
Pigeon, 1st
,
ToL.lst 7s, 1906 IWJi
.
Chicago A Alton
do
pref
A
m.,
ll"l»i'
104
Kalamazoo* W.
Bnrl. C. Kap. df Monhcrn.
Central PaclBc
A
&
Buffalo
Buffalo
(AcUveprerVttsly quoCd.)
LouUvllleA
1st.
W.,
Cleve. P'vllle
registered
Railroad stocks,
Albany A Susquehanna.
A
do
District of CuluuiblA3.65s.
do
small..
Jollet
E.
CedarK. AMlnn..
6«, new bonds, l»etf
do
iss;.. ...
Is,
•a, consol. bonds
6s, ex nititured coup. ..
68, coni*ol., ^d 3erlrt8
6s, deferred bonds
Indlanap, CIn.
various
10
«8
7i
HO
33
70
do
Central Pacific. 78, conv
Central of Iowa Istm. 'is,gold.
Cheaapeake A 0. 2d m., gold 78
Keokuk A St. Paul 8s
Carthage & Bur. 8a .... s .t
Dixon Peoria & Han. 88.
O. O. A Fox R. Valley 88
X
St. .lo., 8a,
de
do
A
!
1U8)^ XlJI
2d mort.
do
do
Lake ShoreMich S. A N. Ind., S.F., 7 p.c 111
old
Harlem
A
Indlanap. Bl.
7so«lf6f
Kon-fundaljlp bonds ..
Tennessee 68, old
68, new
do
68. new series.
do
.
68,
18S5-9J
guar •HO
sink. fund..
is,
Hft
liO
94
Soathern .Minn.
t
t
t
25
A Newark Is
do
WM
\0i
2d,
74*<
74X
•m
Slonx City A Pacific 6s
South Side, L. I., 1st m. liond<
Albany, N. V.. Ss, long
t loa
Bnltalo Water, long
t 111
Chicago 6i, long dates
t 100
7b, sewerage
do
f 105
do
78. water
T 106
do
78, river Improvem't t 105
Cleveland 7-', long
+ loy
Detroit Water Works 78
Klllabeth City, 1830-93
m
A
do
Bandnsky Mans.
83
do
6b, 2a m. g. 77
Canada Southern, lat in. c >up.
do
04
do reg....
Illinois
Fundln? act, !86«
Land C. 1*<», J. A J
Land C, 1889, A. A U....
68,
100
orriES.
California Pac. UR.,
conv. mort.
Central—
Dubuque A Slonx Clty.I st m.
do
do
2d dlv.
Han.
iUiode Island es
Carolina <s
Jan. A July
April A Oct
onth
Virginia
A
81. L.
So'eastern 1st 7s, gold
St. Louis Vandalla
T. IL 1st.
M5
iiiMi.;;
extended
endorsed
do
do
do 2d mort., 7s, 1879
do Sd do 7s, 18S3
do 4th do is, 18-W
do 5th do 7s, 1888
do 78, cons., mort.. g*d bds
do Long Dock bonds
I
class B
class C.
do
do
South PaclOc Rallroad,1st
I
KAILROADS.
!stie<lstd.
Erie, 1st mort.,
j
do
do
§i!J:
80
75
Atchison A Nebraska, 8 p. c
Charleston stock 68
Atchison A P. Peiik.Si. gold.. 35
Charleston. S. C, 78, F. L. bds.,
Boston A N. Y. Air Line. 1st m lOIJi 103
Columbla.S. C, 6a
Hur. C. R. AN., I»t58,new,190(i «0)4 "V^ Columbua, Ga., 78, bonds..
Sd
do
do
An Idt eon*. irU'»"
Bens. A Saratoga, lat conn.. lis
J....
Special tax. Class 1
Class t
do
do
81W
«»!i
M
M mi
24
«
27
Rome W'town A Og.'.
A I. Mt. (Ark. l!r.) 7s, g.
:e(. L. A San F., 2d ni., class A.
St. L.
I
I
.. ..A.&O...
do
do coup, off, J. A J..
do do off, A. A O.
Funding ui't, 860.
IBM
ao
New bondi>, J. A J
A. AO....
do
do
B6
do
do
1891
do
do coup. 7s, 1891
Bur. A Mo. Klv., landm. 78...tlll0)«illl
do
do
res'. 1891 ,v.-,,,»S,
112
do
convert 8a. var. s,er. lOU
AlbanyASusq. 1st bonds... 105>«10»k
V8
Cairo A Fulton, lat 7s, gold.
....
.d
do
do
89X t<9
1892
A U
A
I
Iil*t.
Toledo '1.30?
Tonkers Water, due 19W
do
do
do
do
do
—
712
iBrokerti' (Juotationn.)
t
t
do
Water is, long...!
Oswego 73..
+
PoughkeepMe Water
f
Rochester C. Water bds., 1303+
ToledoSs. 18S9-'»4..
f
m
A
iniscellaneous
Indianapolis
104
Jlv
E83CX, 1st.
2d mort
103>i 101
bonds, 1900.... 76
construction. „
78, of 1871 ..
94X 05
Ist con. guar. ...
Hudson Canal, 1st m.,'84 OoH
do
Morris
Vi%
M)
lat
SoDth. Cent, of N. Y.
Long Island City
X105
S4
m. gid. 7S-I0'.. 90
Omaha A Southwestern RK. i» 104H 100
Oswego A Rome 7a, guar ....
»»
PeorlaPakIn A J. laimort ...
80
Peoria A Rock I.7s,eald
as
16
Port Huron A L. M. Ta.g. end.i IS
18
Pullman Palace Car Co. stock. 73
do
bda..8s, Ithserleal
bOJ^
do
lo
equlp't tmndit,
do
con. convert...
do Kx. Nov.,'TS,A prev'a
Great Western, Ist m., 188D..
ex coupon
do
di
mort., '98.
do Ex A Nov .'n.coup.
Qnlncy A Toledo, Istm. ,'90..
do ox mat. A >40v.,*r7,coa.
nilnoH A So. Iowa, Ist mort
do
ex coupon. ...
Han. A Cent. Missouri, istm
Pckln Llnc'lu A Doc't'r.lst m
Western Union Tel., 1900. coup
do
do
reg
do
HO
North. Pac.
latm.Si.L. dlv.
-Vewark City 7s long
Western, id m... JW
do
78, conv. JOO
A
Del. Lack.
;
AJ
ta.old.J.
2d mort.
Bid.
•KmitTIS*.
Bid. Aak.
dx.matnred coup.
/d mort
Ex A N-jv.,'n, coup.
Hartford
St. Peters, 1st m..
C.AInd'slstm. 78, S. F..
consol. m. bonda
do
C. C.
i89J.ilOS
.
Ist
do
losjt
Funding, duo lim-J.
Han. A St. Jos., due 1386.
do 1^.
do
Sew Torn Stateas, Canal Loan, 18;8.. ..
.
A
....
|I00
mort. 8s.
Galena A Chicago Extended. 103 ....
Peninsula lat mort., conv... 1104 I....
Cblc. & .Milwaukee, 1st mort .... I10T1.V,
ISfi or '63
do
do
dj
do
do
do
do
do
do
do
4!)
IIBW Uttii
do
idm.7 3ll), do IIIOS
l:.D :o!
do
1st 78, gd
Ist 7s £
do
do
do
Istm., La C.D.I It6i4 107
Ist m., I.AM. D. «7MI W3
do
let in., 1. A n..
do
1st m., 11. A D. 033;....
do
lstm.,C. A M.. 104^^ :03H
do
consol. sink, fd
do
l«
....
do
^dm.
N. Weatern sink. fund. 108X1101)
IRiOVv
Int. bonda ....
do
do
consol. bds .... Il08
no
ext'n bds..|..do
do
Istmort... 10'7k:ios
cp.gld.bds. 94«' ViH
do
«%....
reg. do
do
d5
do
do
do
do
do
Iowa Midland,
S8W
88, of 1910
78, consolidated
is,
85 W'
,
ljoalsl)>na 6b
6b,
»>
3S
•cniiTin.
M
8S-H
,
Wtrloui
Kcntnckj 68
do
MIcblgan
do
do
64!
1st
A
Am. Dock A Improve, bond;*
Cb. Mil. A St. P. lat m. 8«, P.I>.
7b, new bonds.,..
18, endorsed. ...
7s, gold bonds...
do
Illinois t>, coupon, ISTt...
do
M, do 1879
10»>, 101»5»
consol
con. conv
Wilkes B.con.guar
l^ehlgb
do
do
.
106V
1I8W 113
1'u'i
7>, L.
do
do
do
do
do
do
do
do
do
do
do
do
'sV
do
Ssalnk'Kf'J.A.AU
Cblc, Kk.Isl.A Pac.8. F. Inc. 6s, 'K
do
do
(8,1917, coupon. !07K lo-g
do
as, 1917, roglst'd
Central of N. J., 1st in., now... 1
9«of ISK
Ssor 1893
Ark'«r.*,u68, funded
lo
do
do
do
do
do
...
La. AMo., Istm., KUar
St UJacIcA Chlc.lst in
Cblc. Bur. A U. 3 p. c, Istm,.
do
do consol. m. 7s
18M
may ht.
Wabaah, Ist m. oxtend.
do
ex coupon
lOtl
YORK.
Prie»* reprennl tht p«r eeiU vaitte, whnUver tht par
ToL*
114^
114
109
tJtilcago
Ifi'J
ilo
do
do
do
do
do
pagt.
Ask,
BIOURITIKS.
A Alton Istmort
Income.
do
Jollet A Chicago, Ist m
State Honds.
Ala>.'uiiK 3a.
a prtvioui
Stockt nr» quoted on
.
CHfeONlCIJ^u
QUOTATIONS OF STOCKS AND BONDS IN
and Railroad
v. 8. aetive Bonds
.. .
m.Sa
do 7a
1st
2dm. 88
C, lat m. 8s.
IC7
100
93
161
9?)4
103
do
2d m. 88..
Orange A Alexandria, lats, <s. "88
do
2d8,ia..
78
do
3d8,8i.
do
4tha,8(. "16
Rlchm'd A Poterab'g 1st m. 78. 114
'
;
Rich. Fre'ksb'g
A
A
do
Poto. ti
do mort.
90
7s
Danv. 1st consol. 6s...
Southwest RR.. Ga .conv .7s, '86
s. Carolina RR. 1st m. 7s..
Rich.
do
7s, 1902..
do
78, non mort..
do
stocx....
savannah A Char. Ist M.
Charleston
A
Savan'h
West .\labama2d
do
1st
m.t*s,
ni..sa
6a,
end
guar,
.
.
PAST DUE COOrONS.
Tennes^ie State coupons
South Carolina consol
Virginia coupons
control, coiti^
do
Memphis City Coapon-i ...
*.PrU»n-.ii.U>tl
.
100
109
7IX 74
80
37
29
20
20
!C0
lOJ
»
29
1C3
1113
M
«')
.
»)
71
3J
73
.
.
.
7
33
65
4
4
.
..
91
I'HE CHllONiGI.R
212
NEW YORK LOCAL
Bank
M 655856
,
'
I
'
XXVI
[VOL.
SKOURITIES.
ln«arance .Stock
Stock List.
Ijixt.
(Q-iotatlons hv K. S. U<tLKV, hro'^er. fi W.*Il8trflef
DIVIDKND8.
COHPA!flS8.
|NKr nUK
COUPANjKS.
(•)
America*
American Esch
Bowery
.
5.000,001
i,S';9,aoo
& Oro'ii'*
ail, IOC
wo
l,0OO,t'Wi 1,339,500
Head*
Batchers & Drcv..
Boll's
sau.ticc
Central
3-',i'0t'
2,00O,0O(
3)0,00(
Chase
S99.800
Citizens'
Ctty
Commerce
I7ii,«0i
Kleventh Ward*
9
Blni'Iy
100
.1.* J.
,711,201
8,00(
S6i',6i0
~i'i:.4m
,250,0Ct>
l.tKXI 00(
.
350,00(.'
is,4a.
aoo.ooo
5!','0i
51,:0(l
!50,00<
ex Jan
J.
g-r
I. & J.
Jan.
•J.& J.
.J.& J.
.;.& J.
Jan 6. "78.
Feb. 1, -78 ..5
Julys, '73.. .8
Ju y 1, T6 ..8
H-J.
Oct. l.'77.2H
.
F.&A.
2ii,!00
F.&
'2fO,l)0(
4t.F0C
20C,00(
53."; 00
20li,00f
ii,;oo
700
May.
May.
.M.&N.
I'OOO.OOt
Greenwich'
Grant Central'...
ll'li.OtX'
Grocers*
Hanover
Harlem*
.
Manhattan*
Hannt. & Merch*..
Marine
Market
Mechanics
Mech. likg Asso...
Mechanics & Trad.
.Merchants
l»n
Mel..
1S3,I|(I
37.fOU
%j,20
S,1I0
•17,'00
73.. 600
Coiintj
200,00(i
N.T.Nat.Ettch...
Ninth
North America*,..
North River*
SOO,lW
-,M,a V
so,;o
75.100
17,3(11
6O,50ti
,00,000
400,000
Park
Phenlx
Produce*
19,600
.
Second
and Leather.
Sixth
State olN,r
Third
Shfte
A
i.A
J.
J.
O.
A
.J. A
.J.
IH
J.
J.
Lamar..
Jafi.2.
107^
j.aj!
I.A J.
J.AJ.
J.AJ.
11
(J-K.
12
AJ
A J.
A J.
'76.3>,,
Lorlllard
Manut A Hutlders".
Manhattan
Mech.ATrad'i-s'
Mechanlcs'( Bklyn)
Mercantile
Merchants'
Montauk (B'klyn).
"a..!
2,
I, "73,.
Ja'.2, '77.. 3
July 5, '77
July 1,'74.3K
Jan. '3. '73.. .5
Feb. l.'7,-'.2>4
63'
10
Jan.
I
2, "7 3...
New York
Jnly.lS'74.3)i
F.AA.
F.AA.
J.AJ.
J.AJ.
J.AJ.
'
J.AJ
Nlazara
North Hlver
3
Jan.
2, '77. ..3
Paclilc
10
Jan.
10
7
7
3
Jan.
2, '73...
2, •78...
I'ark
I'cter
9
8
People's
NovlO.'WSK
Phenlx (H'klvn) ..
Produce Exchange
2.'7i.. 3
Jan.2,'73...4
1'.8
Uellet
Nov
1, '71
'51
Jan.
2, "78..
Republic
Resolute
Itldgewood
Par Amount. Period
Jersey City
25
ao
1000
50
20
50
& Hoboken
Manhattan
do
certlQcates
do
lonJs
Mutual, N, T
do
bonds
Nassau, Brooklyn
do
scrip
..,
New York
Central of
bond*
certl&cates..
New rork
.let. !,'i7.
n
5
Feb.
var
lOOJ
500,000
J.AJ.
10(1
5,000,103
1,000,000
var
var
1.000.00(1
TOO.IKX)
M.&S
Quar.
£ Seventh Ave—%UL..
too
iOOO
100
1000
:o
mortgage
Broadway (Brooklyn)— tlacti..
Brooklyn <t Hunter't i"t— stock.
1st mortgage bonds
Bn»hwick Av. (B't/j/n)— stock.
\^ntral Fk.
.V. <t E. Klter—Mt..
ConsoUdMtfd mortgage bon 'S
l>ry Duck, a. B. itBactery—elk
Ist mortgage, cons'd
Eighth Avenue— 6X.oo\i.
St .^erri? -stock
mortgage
Central Crosn 'Jown- stork.
..
mortgage
M.AN.
Ut mortgage
Second Avenue— Block
Id mortgage
Cons. Convertliilc
Extension
StxIhAnentie- stock
.
100
500
100
lOCO
Ac
lOS
IOOO
TTUrd ji!ie«,«_stock
10(1
mortgage
1st Tnrt^tCT..(.,.
column alio *«
too
100
1000
100
SCO *c
lOU
1000
100
1000
100
10(XI
I'wmto-lhlra Street—tvicx.
900,0(0
694,000
'^,100,000
1,500,000
2,000,000
3(»,000
200,000
lOl'x
1,';7.
I, '77.
Hi
iO
SO
75
75
100
^9
3'.
SV Jan.,
'77.
3H Feb.
I, '7?,
2K July,
2ii
'77.
•;<.
Jan.,
Nov20.'77
m
4011,000
l.-.-OCOOO
.
.
900.000
1.000,000
,
203,000
748,000
236,000
600,000
200,000
230,C00
500,000
','.99,500
150.000
t.OSO.OOi
200,000
75O,0(K
415,000
2
100,00(1
i 100.00(1
101'
6110,000
n
145
J.AJ.
Q-J.
J. AD.
Q-F.
M.AN
Q-J.
A. AO.
J.AJ.
A J.
AD.
Q-F.
J.
1, 200,000
J.
AD
A
J.AJ.
M.AN.
A.AO.
J
Stnyvesant
Tradesmen's
United States
170
201
.
,1
*
July,
9J
70
June.1384
Feb., '^8
19J
Nov.,
'.-0
Jan.,
'78
'76
Oct,
100
120
?5*<
UU
loi
T')
all
Jan
'St
*77
,
S ov.
April.
Nov.'.iioi
.l'iily,i894
Q.-F.
A.AO.
M.AN.
Jan..
April,
'.8
A. All.
May,
Oct..
'33
'83
Miy,
';.
M.AN.
July,H9fl
Jan., 1373
J
Feb
V«v
A
J.
Kf.*v
ulyldend on Htck; but the
76
Jiily,lii9(,
'78
,
d.n,e o: mat'iirlty
I)
200,000
i6S,^i0l
17:,'1.K
3!)
49.9)2
191.IIB
10
Jan
10
•ai.'S;
1 3.519
t2.l.993
20
178,795
20
16
— ie.f.S
—
'73.10
Jan.. •7^.10
Ian.. '76. .5
lOSK
190
150
'78.10
,
,
.niiy!
10
12
421.5S3
30
200,1 KO
lOi.Sill
20
Ian,, '7
Oct.. '77.. 5
Jan.. '7S.20
Jan.. ",3..r
150,000
150,000
1,000,000
20S.0.6
109,388
78-) iiU
-"I
Ja'i.. •73.10
20
Jan
20
Jan.
2W,000
3,^J65
300,000
300,000
300.000
300,000
55.75.'
.
73..
155
•;8.i:
3X
iy. 3'.£ .Ian.,''77
10 IJan., '78. 5
10
10
:0
July, '77. .5
10
July, 76. S
13
.Ian.. 78..
+ 8.321
—18,150
60.141
208.7!5
25
Jan.,
U 5.9 13
78
15>s
•Ian
IJ.lJ-l
10
Feb.,
190,(44
123.75!
t
July," 77.'i"2,1
15
nvilJan., l-^.JH
10
10
5'2.I
95
156
Jan
Feb
10'
S.-:l4
4is.8;o
12J
175
,
,
, '7J
Jan., '73.. .Ian., '73
!0
25
'78
Ian
Ian
IU.9^6
Its
Jan., '73.10
20
Ii4.ii!
4 ,10
16
1C3,5J4 !lo
223,613 114
221.003 10
'250,0(0
40S.U3
I
31
116.:',«6
150,0(«
150,0(0
300,000
York:
mw
Water etock
18H-53.
.
Feb
Jan
,
,
7H,
ISO
95
70
50
—
8
4
'73
'73.
7
5
'25
Jan.,
16
116
Ian , 73 6
Jan., •78 .5
Jan., 78.10
'7i,
100
SO
125
120
»>
5
20
Il2
120
^2^
125
115
190
114
200
and
4(1
Wall Stre°t.1
1-...
..1853-65.
1870.
1-75.
stock.
1860.
1865-68.
stock.... 1869
....1369.
(.o
.
.
.
var.
var.
var.
do
Water loan bonds
BrUipebonds
Water loan
City bonus
Kings Co. bonds
do
do
Park boniJs
Brldg-
do
do
do
do
do
do
do
May & November.
May Auc.& Nov
do
do
do
May &
do
November.
Feb.,May, AuB.& Nov
May & Novcn'ier.
do
do
do
do
do
do
do
do
do
do
Janaary & July.
no
do
S"'
I
1
.
«K.<Ki«.
18-.
•.00
1883-9(1
100
112
103
81873-79
1890
1884-1911
Feb.,
ny lN.
lirookiyn- Local luipr'eiu't—
7
City bonds
do
Park bonds
Bid.
May Aag.&Nov
Feb.,
1854-57.
do
Crotou water8tock..lS45-51.
do
..1352-60.
do
CrotoD Aqued'ct stock. 1865.
pipes and mains...
do
repervoir bonds
lo
l(,^UU(HllOII
40
92 ><
',-5
A J.
Q-F.
J.AJ.
J.
2J
'7'. .5
Montbs Payable.
Consolidated bonds
Street Imp. stock'
do
do
New Consolidated
Weftcheater County
'!i3
i'.'a'j!
Jan., '78 .'
Jaa., '.8..
Jaa., '78..
Jan., '73..;
Jan., ';3..f.
Jan., '73
Ian.. '78.11,
IN-IKKKH'I'.
Floating debt
'78
mIan.
lO
10
Uablliiies. iucluding re-InsurAnce. capital
Merket stock
ImprjvemtMit
do
63«
'78
'93
20
I-26.9I9
II
ao
do
Dock bonds
do
90
Feb.,
Jure,
Jan.,
'77..
Jan
11
f5
104
165
1&>8
lis
108
90
;3..5
10
I'tty Securltlew.
IQnotations hv Davtrl, A, .MORAN. Urolcpi*.
31
lOS
lO'
Jan., '78
Dec.,lf02
'73. .5
'7S..5
)
3
'78
191fl
,
91)
105
90
tcrlp.
t Thfl su rplus
re 'le^erued bv scrip Is deducteJ. X Continental. l.*4> In lSt6 and U'DO In
Standard, 11 55 la ibidand Udalu ISiI. (— showij dt;ficleucle^
•Over
112
Broidway.]
Jau
'73.'.
'7*. .5
20
8J.49I
'ss
140
185
'7S..5
t9,6lu
15,, 09:!
ln^i.bUfi
2W,0O0
12S
.*.
l'-5,il
2l'8,("-4
200,000
200,000
200,000
300,000
200,000
Star
Sterling
10
10
250,1K10
Central I'aiH bonds.. 1S5S-57.
3J0,000
580,100
1.300,000 J.
1000
if>
lust
'.'00
AM
J.AJ. aw
:oo
1000
500
mortgaga
• Ttil»
1000
100
12
12
200,00(1
WpBtcheftter
WllllamstinreCltv.
9^
160
100
BO
100
15
95
Jan.l5.'7t
Nov
.M.AN. l^ Nov
A
F.AA
10110
So«<itcn,Wesi 8t.tiPap.F*y—Bik
Ist
6. '!8
•in Jnn.ls.'lS.
3
165
"i 1301
e,
F.A A. 3Ki Feb. l.'H
Var
ISS
32
91
Aska
00
1st
l»t
3V Feb.
3W
1,00(.,(W|M. &.N.
Brookli/n City—stock
Ist
5
4,000,000
1,000,000 J.
J.
325,000
300,000 J.'A J.
466,000 F.& A.
1,000,000
Quar.
var
let mortffage
Ist
3
I
Bid.
Feb. l,'-.8
J n.. "i
Feb. 1, ';6
50
Bitecicer St.tt Fulton ttrriz—tx.^.
1st mortgage
Ut mortgage
4 '.ASt. it arand
DtC.2l 'n
Jan. 15,':s
3
320.1106
[Quotations by H. L. Grast, Broker,
Broadway
«
5
au
10(1
Williamsburg
do
scrip
Metropolitan, Brooklyn
Municipal
S
D»te.
«
F.AA.
J.AJ.
J.AJ.
M.AS.
ICO
do
do
Var.
Var.
Broad ^treet.
A.AO
People's (Brooklyn)
do
do
2,000,000
1.200.000
3ii
1,850,000
336,000
4,000,000
3,^00,000
1. 000.000
Metropolitan
06
57,93
200.000
500.(00
350,000
200,000
Rutgers'
Sateguard
St. Nicholas
Standard
Ga» aud City Kail road Stocks and Bonds.
[Gaa (^notations by George H. Prentiss. Broker,
Brooklyn Qas LIghtCo
Citizens' Gaa Co (Bklyn)
do
ftertlUcattis
Harlem
Ian..
Jan.,
Jan..
Ian.,
Jan.,
Jan..
Sent.
800,000
200,000
200,000
210,000
Cooper.
.Ian.l,-;8...S
Jan.
A
Gas CoMPANiiEs.
10
200,000
cliy...
6K Feh.4.'7S ..8
«K Aug.l3,7:2X
'7-1
10
to
tl3l,9l6
2(KI,000
3i)O,00O
78. 3K
;3..10
1,016.703
20.131
2W,0(»
National
N. Y. Equitable....
New York Fire ..
N. Y. A Boston ..
Jan
Jan..
20
10
150,00(1
Nassau (B'klyn)...
'
-ia'i. 2, '78.,
Jan. 2,'7-'...4
6
16'
96.hlH
150,000
200,000
300,000
200.000
Longl8land(Bkly.)
I60"
270
Jan.. '77..
tig's
1J»,118
553,398
98,178
•280,000
150.0(X)
•200,0(0
;
40
i5,'i:9
130,000
Lenox
lis'
Ian.
51.400
7!,;00
3il.£00
40 400
174.300 M.&.N
225.(00 J.AJ.
3)n.90C J.AJ.
675,700 M.A.V
88,300 J.
J
ioo.om-
no
8.IOO,.XX)
Laiayclte (B'klyn)
Jan. 7, '73. ,.5
net. i,';5. .4
Nov.io.it ..s
Fe .
181,(:00 J.
no
;au.3,'7».3>«
Jl.AN.
1.
800,0ri(i
Tradesmen's
Onion
West Side*
I. ft
J.
2. '78 3 V
2, '77...
>0
I16.15^2
SO .6:4
200,010
150.000
I .
i,noo,oo(
1,000,001
1,200,00(
.Tun., 16. .n
Jan.. '73.15
Ian,, •73..
la, I.,' 78.7S4
.lelTerson
Jan.
July
110
55
\'A
7S
10
.\u'g.,
10
>0
:.50.(ioo
Kings Co. (B'klyn)
Knickerbocker
IM
16
.Vlay 1,'77 2'<
5j
135
636,9.
653.0.
Nov, 1, "77 3>s
Nov. I. '77. 3
J.
'77 .S
Feb.. •73..
Jan.,'
Ian..
luly. •U..!>
—'S.iSi
M.&N.
M &N.
l')l,;0(l
200.000,
'(0
.M.&N.
2t5,f00
517,800
1,000,00('
Jan.. '73..
.19.4:0
.1
m"
.5
4.1.73
101,159
4;2.50|i
13!,I0!)
Jan,
11:, 718
13','
4'i2.70(
li.SOO
2 J ',(00
-19,7;4
'200.(00
800,0011
25(:.ooi>
Jai.. "78
200,000
8,000,000
^.leo.oof
1,000,000
300,000
300,000
14
500.1X10
1
1,000.000
Bt.
.2.510
iie,573
Howard
J.
40
>1!
U
Oct.,- '77.11
Iniporters'A Trad,.
Irving
1 .
•75.
3J
j«n,8, '76.. .5 83 S
;ac. !,'78 3>i 1"3
Ian. 2, '7a. ..4 '•MS
I.A
&
J.&
'77..!
"73. 10
49i.7bl
500,000
200,000
aoo.ooo
Hope
Ui"
.
'77.10
t.«4,t7J
200,000
Home
0
70
'7'
.
.
12
500,000
200,000
141
Jau.,
Jan.,
—13,408
0,783
Hanover
7B
100
July.
Jan.,
97,'>3i
aio.ijoo
'200.000
•;
Dec,
2,00s
161,801
20t,000
150,000
150,000
Guaranty
Guardian
Hamilton
'73
A8k«
Jai.. '"3
Jan., '78.10
Feb.. •78 5
.Ian
10
20
11
15
1
J;m..
Feb.,
Feb..
—17,877
l,OoO,0(«i
Hoffman
813,7(Xl •I.ft J.
251.'.0O •J.&.I.
3'J0,00(
Peoples*
.1
';8...3
J.
EI.OOO
30!, 10
9.)3,00
8i,r00
Hi soo
1,0*1,001
Pacmc*
2, '7-!...
Ian. 2,". 8..
Jan.
40(1 ,00(
3.0(«l,(i0(i
Oriental*
'IS.,!
Fca.9, ~S.J
500,0«
Hill*
ian
1,
July!, "75. .3h
a.ooo.iXK
Nassau*
a, '7S.3)(
J.&.).
l.UOO.OW
Reonbiic
Nicholas
Seventh Ward.,,
Jaa!V,''V:.'.'.3
I.& J.
fi.r's
I5t,5!S
.
.5
Jan
200,00(1
201
Gebhard
German- American
Germaula
Globe
Greenwich
.Mny 2, '77.. 6
.ov. 1, '77..
F.AA
i.ooo.oci'
.s.ooo.ai'
Merchants* Ex
Metropolis*
Metropolitan
New i'ork
New rork
Firemen's
Klremen's Fund
Firemen's Trust...
Fianklln
6.60(;
600.000
Mercantile
Emporium
Nov
l'"J,l It
l.(X»,OCC
30 X
(;ity
Kxctiange
Farragut
OSO.Ouii l,l)i6,'0C
2.00O,00('
soo.oot
Kmpire
Jani'i.'lP.'.'.S
2, '7S...i
&
Irvlnff
Murr«y
rosoo
;5u,90o
Kagle
Feb. 1, '74.. .3
Mayll,'77..6
A.
'lOO.tW'
U.:00 M.&8,
l.:4i.:;00 J.
1 500/101
J.
'50O.00(
:3:..oo .J.& J.
J0il.O<l'
is.aic
4,>-'. (« JVft'.i!
600,00t'
Import. ATraderti'
Island City*
Leather .Manuf
soo.oot
1 00(1,(101
('ontlneutal.,
l,'77...a
0< t.lO,'77.8S
A.&O
Ger. American".,
Ger. t-schanKC*...
Gerraaala*
City
Clinton
Columbia
(Commerce Fire
Commercial
fig's
3C0,= I2
21 4.833
t3;o,^'.0
179,168
ISS. 119
158,000
300,000
210.000
250,000
300,000
200,000
200.000
1,000.000
300,000
200.000
200,000
200,010
Citizens'
1 '77..
7.'7S...4
no
'77
Jan.,
Jan.,
Jan., 7;
109,372
353,121
200.00(1
Brooklyn
2. '78.. .3
Ni V.
10
6
no
Ull.
Jnly,
Jan..
7.',i';
20(:.000
A M'Ist're
Last Paid
1816 1377
-9,613
200.000
3(0,000
200.000
Broadway
Jan
A
eallatiB
Itowery
Brewers'
2, '78.3>..
Ian.' 2,' 78.'..
i, ';8 .2
100,1 ot
129.6:1
500.000 1,05«,'00 Q-j;
S9",20C. J.
J.
3 ;50,00(
6OO,0O(
4. 8,; 00 .\t.4N.
1
500.0(K
6 3,;oo
Foarth
Fnlton
Arctic
Atlantic
'77..-;
i,
Jan.
J.
.'&'.!.
.J
J.&
1
Fifth
Fifth Avenae*...
First
J.&
Inly
400.000
200,000
2W1.0OO
Amity
2, '78..
Sepl.l '75. .5
W
13,356
2^^3,l
tail, 7(2
•200,000
American
American Exch'e.
187J
,'
'j-^Jj-
200.000
^tna
...
...
6
'77..
;'.
Adriatic
£0
Jan
S.
5,00O,0(»'
U«,00(i
Gontlneutal
Corn Kxchanffe*..
Sast River
Jan.
I.& J.
soo.oot 3,(9:,S':0
euo.ouf
i;5,-«)
l.OOO.OtK 1.5«,8fO
Commercial*
Not
2, "78..!
1.'77.. 2
4,40(
4.'i0,(im
Chemical
an.
*J.
I
IVUU M. *
200,llO('
Uliathara
.
IW
15U.no
Broadway
J.& J.
M.&N.
J.& J.
;.e65,ta)
850
Brewers'
Par Amount.
Amount
3,000.110?
Ul V'lOKNDS.
PLUS,
1
Marked thus
are not National
138I-1'J00
1907-11
1878-98
1377-95
1(93
1878
1894-97
1889
1879-90
1901
1888
1879-82
1896
103
105
1(8
11»
106
US
'.dl
103
107
119
lOS
101
118
105
10)
102
1C3
102 H
1891
1(1
102
114
1.2
100
lis
106
too
117
19(11
Askd
lis
,09
105
102
O'S
106
105
101
1C4
i:s
118>i
1C9
lOi
.Ir.. t*ro
/inuary
do
do
do
do
GO
do
St
July,
1878-30
1931-95
1915-21
1908
1915
do
do
do
do
do
do
May & November
'in
'1..
January « Jn^y.
do
Jo
h4
117t4
117X
117X
:is«
r.SM
1902-lilOj
103
1331-95
13se-33
ll'C-iJ
119
107
115
108X
1.'2
l'«
1921
K8
UD
10
i
1(9
101
102
S07-lfl'J
i
101
•All ttrooKlyn bonds Hat.
[IJuotatlons by C. ZABRifKiE. 47 MontRoincry St.. JoiMty City.]
Uily—
Watei loan, long
1869-71
do
1866-69.
Sewerage bonds
Assessment bonds. ..1870-71.
Improvement bonds
1868-69.
Kereen bonds
Jicrity
100
1115
of bondt.
January & July.
January ft Ju.y.
do
do
Jan., May, Jnlv A ^'ov.
J. ft J. and J & D.
and
.Inl\
.lanuarv
.
1895
1899-1902
1377-79
1891
1933
19t»l
II
8K 109K
lOO
107 k
':A
U8H
I'SS
109X
105
1(6
:
MAHcn
THE CKaONICl.R
8. 1878.1
213
dividends on the stock. The net earning;* of the MIsalMippi
River Bridge for the year, based upon rates corresponding with
tliose charged on similar traffic over the bridges at Hannibal and
Quincy, after deducting taxes and all expenses for operation aiid
repairs, amount to $112,018 86, or $40,018 80 mora thaa the
annual rent. In consideration of money advanced and used ia
the construction of the bridge, the several amounts of capital
stock and mortgage bonds above named have been sold to onr
company and are now held by it.
The net profit derived from traffic during the year, after
deducting therefrom all fixed charges, rents, taxes on property,
and expenses properly chargeable thereto, is equal to 7 .58100 per
cent on the share capital of the company outstanding, both pre-
3 noestmentfl
STATE. CITY AND CORPORATION FINANCES.
ru» iNVESTOiia'SaprLBMBNT Is publUhed on the last Saturday
of each uioDib, and furnlslied to all regular aubscribers of the
Chronici.k. No single copies of the Sui'i'LEMENT are sold at the
oSce. as only a BufflciwDt number is printed to supply regular
nabscribers. One number of the Supplement, however, that for
January, is bound up with Tus Fin.*.ncial KEVrEW (Annual),
and can be purcbaaed in that shape.
ferred and
ANNUAL REPORTS.
common.
PASSENGER TRAFFIC.
The number
Chicago
&
of passengers transported during the year warn
860,257, a decrease of 13,618, compared with 1876; the proportioa
between through and local passengers being 5 68.100 per cent of
the former to 94 33 100 per cent of the latter. The average rate
paid per mile by all passengers was
in 1876, 2 956-1000 cent*;
in 1877, 2 974-10:10 cents.
The number of passengers carried one
mile was: in 1870, 41,231,777; in 1877. 40,743,271; dectwaae,
486,506.
Alton Railroad.
{For the year ending Bee. 31, 1S77.)
From the Directors' annual report we have the (oUowing:
The lengtU of road operated, including branches and leased
:
GGTS-l miles.
of capital stock remains the same as at the date of
our last annual report, with the exception of a small amount of
scrip which has been retired and canceled. The bonded debt of
the Company has been reduced during the year $30,000. In pursuaace of the terms under which the several leased lines are held
and operated, there has been expended upon them for improvements and additions an aggregate suju amounting to about
$4,600,000, which, deducted from the total amount of stock and
bonds, leaves a balance of $10,490,033, represented by the lines of
railway and other property owned by the Cimpaoy, and by leaselines,
l.«
The amount
FREIGHT TRAFFIC.
The
freight transported during the year amounted to i,.')60,l83
tons; a decrease of 258,047 tons, or 14 11-100 per cent, compared
with 187C.
The through freight amounted to .340.067 tons; aa
increase over that of the preceding year of 64,082 tons, or 23
72-100 per cent. Tlie local freight amounted to 1,214 121 tons; •
decrease of 322,134 tons, or 21 per cent, compared with that
transported in 1876. The proportion between through and local
freights was 22 18 100 percent of the former to 77 82-100 per
cent of the latter. In 1870 the proportion of through and local
freights transported was 14 50 100 per cent of the former, and
85 50-100 per cent of the latter. The number of tons of freight
transported one mile was: in 1876, 217,835,161 tons; in 1877,
211,947,565 Iouf decrease, 5,8S7,596 tons, or 2 7-10 per cent. The
avemga rate oer ton per mile for transporting freight was : in
in 1877, 1 447-1000 cents.
1876, 1 626-1000 cents
Decrease in
rate, 179 1000 of one cent.
The following statements are submitted in relation to the
results of operating the several leased lines during the year
hold interests in other lines. The sum last named is equal to
about $38,500 for each mile of main track owned by the Company.
The earnings and expenses, compared with 1876, were as follows
:
;
aR098 EARK1M03.
From
passengers
Freight
1817.
n-6.
Dec.
m,ail,85t
$l,il9.9J9
3,5I1.8IS
n^iffiS
8B,9«9
4:3,576
14,iao
91.969
3,419
1,710
3,067.76:)
Express
MMl
MalU
9816U
Mliccllaneonasoarces...
Total
I,71'J
$
$496,876
;
...
191
....
$4,960,528
$1.4ii4,:M3
Inc.
JOLIET & CHICAGO RAILROAD.
No
separate account of the earnings of this line has been kept.
It is the trunk line of your system of roads, and the accumulatioa
of traffic to and from Chicago passes over it.
Its net earniaga
largely exceed the aniaiint of rent paid for its use.
$;91
OrSBATIRa EXPENSES.
IS".
For CO ulaclin^ transportation
1876.
8;2J,i!41
$684,4T3
»a7,490
Motivcpowir
140,113
733.888
819,803
3(3,303
151,963
$1,857,005
$2,691,061
M.iinten.nceof way
Maintenance of carj
General cxpcniej
668,044
2^1,832
Total
Dec.
$17,507
96,398
156,8 8
ILLINOIS RIVER ROAD.
The
local traffic of this line is dependent to a great degree apoa
the mining of coal in what is known as the \\ilraington Coal
District, over which it is located, and a strike of coal miners in
that district, which continued for nearly eight months, largely roduced that class of traffic on this line, as well as on our main lin;.
81,431
11,849
$334,055
SUUltART OF BARNISaS AND EXPENSES.
Earnings from all sources
Oj.erating expenses
Nctcarnlngs
1817.
18T6.
$4,461,343
$4,960,.')S8
2,K?,005
2,691,061
$a,107.3;17
$2,269.4^7
51 25-100
Opcraiing expjuses equal per centofgrrosa earnings.. 52 79-100
IN'COHE ACCOUNT FOR THE TEAR.
Balance at lln credit of this acconnt, Jan. 1, 1577
GrosB rccipta from
ST. LOUIS JACKSONVILLE & CIIICAQ3 RAILRO.AD.
The gross earnings of this line in 1376 amounttd to $654,259;
in 1877, to .f;610,693.
The lease of this line is a source of con-
siderable profit to our company, and its valuo will he enhanced
by the extension of our line in Missouri.
LOUISIANA & MISSOURI RIVER RAILROAD.
became apparent that the Louislina & Missouri River
to complete its line to Kansas
City, it was found that $944,000 of its first mortgage bonds, based
upon the uncompleted part of the line, had been sold. The proceeds of these bonrls were at that time represented by cash in
the hands of the trustee, and by rails and other material thi^toar
company could use upon its lines. Four hundred and forty aii
thousand dollars of the bonds were soon after purchased and
canceled, leaving still outstanding on the uncompleted part of
$23,126
When
4,461,313
traffic
Railroad
Toal
$4,487,469
DISBURSEltENTS.
Interest on fnnded debt ..
ClilCi(\o
Paid St. Lonis .Jacksonville
Joliet &Chicag.)RR. (Jo., rent
&
Louisiana
&
Back lax'S
RR.
$574,871
268.366
Co., reat
Missouri River K.^. Co., rent
.
••
Sluicing fund bonds redeemed
do
do
lj75
Dividends Nos. 28 and 29
For amount appr >priaied to ctedit of Louisiana
&
151,930
123,d20
8,667
26.000
8,000
926,898
Missouri River RU. Co.. special bond account
48,4J6
Operating expenses, inciudin;; Miss. River Bridg.\ and
taxes on property due in 187Z, less surplus ul appropriation for supplies
2,312,156—4,422,857
Balance
Dec
31.1377
$64,612
The
report says that the State Board of Equalization (Illinois)
at its session in August last, passed a re:iolution, with only two
dissenting votes, that " a fair and equitable assessment of the
" tangible property of railroads leaves nothing to be assessed as
" capital stock." In pursuance of this resolution, no taxts were
imposed upon the capital stock of railroads for the year ltl77.
The back taxes upon capita! stock for the year 1874, amounting
to $13'3,472, for 1875, amounting to $110,603, and a portion of
those for 1873, amounting to about $75,000, will probably have to
be paid during the present year. The taxes upon capital slock
for the year 1876 are enjoined, and, according to a late decision of
the Supreme Court of Illinois, cannot be collected.
The general assets of the company at the close of the year, in
addition to its railway and equipment, consisting of supplies,
fuel, etc., on liand for future use, securities of the Mississipoi
River Bridge Company, bills and accounts receivable, stock,
cash, and cash assets considered good, in excess of bills and
accounts payal)le, amount to about $1,300,000, whhh may be
considered the accumulated surplus, ic which is incladed the
balance to the credit of income account.
The Mississippi Kiver Bridge has been leased by this company
from December 3. 1877, in perpetuity, at a fixed rent of $63,000
per annum, which rent our company has aj^reed to apply in payment of per cent dividends on $.300,000 of the stock of the Bridge
Company, and 6 per cent interest on $700,000 of Us thirty-fiveyear mortgage bonds, with a coveniint to retire said bonds at
masarity. after which the amount of rent will be reduced to
$21,000 per annum, the amount required to pay 7 per cent
,
'
it
Company would be unable
the line $498,000 of the bonds.
In consideraiion of the trans'er
to our company of rails and other material at their cash value, in
the settlement which was then made, it was agreed that the
interest and ultimate redemption of $139,100 of bonds and scrip
shouhl be assumed by this company, and that the interest on the
remaining $59,000 of bonds should be paid by our company, and
charged, from time to time, as a payment on account of rent.
Since the date of the settlement above referred to, our c <mpaaf
has advanced to the L & Mo. River RR. Co., by the payment of interest on its bonds, $265,736, which, with the extension of the railway about to be made, will soon be repaid from increased tralBe
on that line, which leaves the balance of account or net obligation
of our company $173,333.
In order that the obli^^ation to pay
the inter st, and ultimately to redeem the principal, of ths
$439,100 of bonds and scrip above referred to "shall not interfere
under any ciicumstances with the application of current reeeipta
from traffic to payment of dividends, etc., our board has set apart
as a special fund to be devoted, as far as may be necessary, to the
payment of interest and principal of said bonds and scrip, $300,ON
of 7 per cent guaranteed stock, and $150,000 of guaranteed 8 per
The
cent bonds of the Mississippi River Bridge Company.
traffic on this line amounted to $213,528, being only $333 lean
than during the previous year.
In response to the circular relative to the extension of the Le.
& Mo. R. line, which was addressed to the C. & A. shareholders on
the 1st day of December, 1877, the Board has received the consent
and direction of holders of considerably more than three-foartha
of the preferred and common shares of the company, respectively,
and since the close of the year the Board has re.<olved to eEtend
the line to Kansas City. A contract has been made with responsible parties, under which at least one-half, and probably all, the
money required for completing the line will be obtained for ft
period of twenty-five years, at a cost of about six per cent
per annum. The contract provides for the issue by our company
:
THE cimoNia.E.
214
of a twentj-five-year six per cent Binking fund bond, interest
and principal payable in gold. This bond is not to be secured by
mortgage on property now owned by our company, but will be
secured by a deposit with the United States Trust Company of
New York of an equal amount of seven per cent bonds, secured
by a first and only mortgage on the line to be constructed, including an iron bridge over the Missouri River, which mortgage is
limited to *3 000,000, and is equal to $15,000 per mile and the
estimated cost of the bridge.
At the date of publishing the report (Feb. 14, 1878), the papers
were cot all executed, and a more complete report is to be made
relative to this matter.
By reason of the long-continued delay
in effecting a settlement between the La. & Mo. Riv. RR. Co. and
its floating debt creditors, which we hope will soon be accomplished, it has been considered best for our company to extend
the line under franchises obtained through the medium of a new
organization, which has been made for that purpose under the
The new corporation, known as the Kansas
laws of Mifsourl.
Ciiy St. Louis & Chicago Railroad Company, has obtained donations of right of way, and a limited amouot of other local aid,
all of which will be assigned to our compnny, and the construe
tion of the railway, and its subsequent operation, will be solely in
the interest of our shareholders, and we have no doubt will enhance the value of our shares.
The reduc-'d earnings of our railway during the last year have
resulted from exceptional causes, as well as from the general
depre-sion of business which has continued since the panic of
1873. A careful examination of our sccounts shows that the
tailure of the corn crop in 1876 in certain sections of country
:
rvoL. XXVI.
for the years 1873, 1874, and 1875, amounting to about $335,382,
remains in litigation, and no payment has been made on this
The taxes on the tangible property of the company,
namely, $55,770 on the main line, and $28,001 on the Springfield Division, making the total the very large sura of $83,773,
have been promptly paid and cbarged to expenses.
As to the general condition of the property in the custody of
The Receiver says
the court, and operated under its orders.
" The track has been gradually improved by large but needful
steel
for
and
iron
and judicious expenditures
rails, new cross ties,
&c., and is probably in better condition than at any previous
account.
period.
" The semi annual interest on the first mortgage bonds, due
January 1, 1877, was paid on October 1 of that year, and the
interest on the same mortgage bonds due July 1, 1877, will be
paid on the 1st of February, 1878.
" The total yearly interest on the entire mortgage debt upon the
main line and Louisville Branch, excluding contributions to sinking funds, is $761,530, or an average of $63,400 per month.
" Tn king the main line (including Louisville Branch) and Spii tigfield
Division together, the net earnings for the eight months aver-
aged $06,888 per month, or !}i3,427 per month more than
would be required to meet tho interest on the debts secured by
mortgages on the main line and Louisville Branch. Or, it we
limit tne period to the five months ended December 31, 1877, the
average net earnings were $94,119 per month, or $80,658 per
month more than was necessary to pay the monthly proportion
of interest."
STATEMENT OP FLOATING D1?BT OP OHIO A MISSIS.SIPPI RAILWAY COMPANT,
1877, INCLUDING AMOUNTS SINCE AUDITF.D
MAY 18,
upon cur linep, where we have little or no competition,
and the strike of coal miners reduced our traffic in the trans Amount May IS. 1877
porlation of corn and coal, compared with like transporta- Claim? since audited
tion from the same stations the previous year, to an amount Flottiing debt
nearly equal to the entire reduction for the year.
The
crops
upon our lines, which will .«eek a market during 1878, are equal
to a full average, and we have reason to hope for better results
in the near future.
Ohio & Missi.'Sippi.
(From May 18, 1877, to December
:
;
;
ing fund on mortgage debt secured by main line, $580,462.
Under the agreement of purchase of the Springfield Division,
the provision for funding coupons maturing during the two years
succeeding May 1, 1875, upon the $3, COO, 000 mortgage bonds of
the Ohio & Mississippi Railway Company, secured by the property of the Springfield Division, ceased to operate on May 1, 1877,
and in confequence the interest which accrued on those bonds
on November 1, 1877, then became payable, and the same yet
remains unpaid.
The gross amount of receipts from all sources includes
:
Catli on hand. May ts. 1877
Out of which was paid on claims Incurred prior to Noveia-
her 18. lS7t>
On claims incurred sittcu
{3 008189
t!!S,4T.3
2,183!o59
~7~
of payments...:
Leaving cash on hand December 31, 1577
The gr.)88 eirnings and operating expenses upon the main line for
eight month! ended December 31, 1677, give a net reiult in favor
of earnings of
Thegrose earnings and operating expenses on the SprirgflJldbiviVion for the tame jieriod eliow a deficit of
net earnings on both
The ratio of expenses to earnings is as follows:
On the main e and Louhville Branch
On the Springfleid Divislo:!
On the main line and Springlield Divieion united
11
With
reference
to
$8,910,588
}97i«55
Sj''8 ' 23
'
4.3
016
$5:J3 106
63-8J per cent.
118 44 ner cent
;4-4 per cent!
the deficit upon the Springfield Division,
it
proper to tay that this division required very heavy expenditures for timber, iron, cross ties, &c., to put tho track
and
trid"es in safe condition. The expendi:uro8 upon this account
may now be safely decreased, and it is hoped d deficit will be
avoided hereafter. With the present limited business, however,
the Receiver hardly expects to earn upon the Springfield Division
more than sufficient lo pay its working expenses.
Of ihe unsettled, disputed and contingent claims, some have
since been audited; but the chief of them are still in dispute.
That of the Liverpool & Loudon & (ilobe In.surance Company,
which it is proposed to compromise for |00,000, has been presented to the court for instructions to the Receiver.
The claim of the State of Illinois for taxes ou the capital stock
And properly of tho company, including the Springfield Division,
is
_
Of which have been paid
Foating debt, December 31, 1377
$6)4.99)
EARNINOS AND OPERATING EXPENSES PROM MAT 1, 1877, TO DECEMBER 31,
lb77, INCLUSIVE, KOR MAIN LINE AliD LOUISVILLE B ANCU.
From passengers
From freight
From express
From mail
$615,841
1,595 6.«
E0.:f69
5I,1"J1
$J,0 3,754
157,154
Less transfers
Total earnings
Operating expenses, less transftirs as above
Surphia.
Sl,836,6(.0
,
$',279,477
$578,133
...•
;
1877, and which remnined unpaid December 31, 1877, was .$149,
260, and the intorest, &c,, accrued on the fame mortgage debt
since May 17, 1877, was |431,203 ; total unpaid interest nnd sink-
Making
19.811
$517,466
122, 473
Earninys.
31, 1877.)
In the Circuit Court of the United States, Mr. John King. Jr.,
Receivf r, lias filed his report lor the period from May 18, 1877, to
December 31, 1877. from which we have the following
The amount ot recognized obligations of the railway company,
constituting what is called the 'Hosting debt," on Ncvember 18,
1876, was $1,401,736; of this amount there remained unpaid M»y
to this add claims incurred anterior to Novem17, 18" 7, .$ 197,055
ber 18, 1870, and since audited, |19,811
to'al, |8;7,466
of which
have been paid «133,47.'!, leaving unpaid December 31, 1877,
1094,993.
There is a further unsecured debt of tho railway company,
classed heretofore as a part of the funded debt, namely as " Debenture Sinking Fund Bonds," Issued May 1, ]ci73, bearing interest at 7 per cent, payable half-yearly, in Ivovember and May, and
maturing May 1, 1883, of which tue amount outstanding is $140,000, on which no interest has been paid since November 1, 1876.
The interest and contribution to sinking fund which had accrued
on the mortgage debt (secured on the main line) prior to May 18,
ToUl
$7!>:,f55
Atlantic & Great Western.
(Vor the year ending Ditcemher 31, 1877.)
The Receiver, Mr. J. H. Devereux, makes an elaborate report,
and his course in this respect is commendable. There is no railroad in the country of equally large capital account in which less
The cipital account is about
interest is felt by our own citizens.
$103,000,000, the net income for 1877 $154,170, and tho road
stands as a monument to the financiering methods of Mr. James
Mcllenry, of London, who is now made prominent by his attacks
on the Erie management in our courts.
The earnings and expenses for the year were
:
$^,973 aS8
G'oss earnings from operation
Operatii'g expenses
3, '01, 381
Net earnings from operation
Earnings fiom other sources
Total net earnings from
968,917
9.549
all
sonrces
Out of which have been paid
t978,466
fixed charges, as follows
Rental of equipment
Rental of all leased lines
General expenses, taxes, etc
:
$364,937
313,-.54
H8,l!3
884,396
Leaving ret income for the year
Out of which have been expended for additions and betterments
strictly chargeable to capital account
Leaving net iurplus
The earnings in detail were as follows:
KABN1^0S PROM TRAFFIC.
Freight
36,536
$1J7,634
1S77.
$.},066,407
749,530
Pae.-engers
$154,170
isre.
$J,611,1I6
790,384
Mails
4';,SB3
ii.2U
Express
49.946
60,o;l
49,781
$3,>:73,J98
$3,516,299
Misccllaneoua
Total
traffic
earnings
6-i.i91
of operation of the railroad and leased lines from
1874, to December 31. 1877, are as follows
$11,637,612
Gross earnings from operation
!i,01i,419
Operating expenses
The results
December 10,
Net earnings from operation
Earnings from other sources
Totiil net
earnings from
2,615,103
28.020
all
sonrces
$2,643,214
Out of which have been paid fired charges as follows:
$919 8M
Rental of equipment
Rental of all len-ed lines
General expenses, taxes etc _
,74,890
371,735
2,266,507
Net income dnring receivorMiip
Ont or which have bu.n expended for aadltions and betterments
strictly
chargeable to
Leaving ret surplus
cai)ital a''COUDt
$376,707
351 742
$121,964
And, under orders of the Court, during the period of the receivership, there has been expended, on account of the indebtedness o
the Atlantic & Great Western Railroad Company, the sum of
f
—
Mxncn
1878.
2,
'IHE
|
CHRONICLR
companv
axsets.
II
This is the lirst year Binee tho receivnrshlp thai the income
covered the wliole yearly eipeuditiires. The ajrsrsfiato excess of
expenditures over receipts in the three years and twenty-two days
of the receivership were $553,507, which is the preaant amount of
liabilities over assets.
Tlie Rverane rate par ton-iniie received upon all freljfht for
905 cent in 1876.
1877 !3 90S cent, as against
The iiveranre cist par ton-mile of all freight has been 0'7308
ce'jt, which is loss than the average cost of 187(5.
Th-^ receiver says
" From hick of a sufHcient equipment it has coat the receiverConship in rentals of cars and locomotive eni;ioes $919,831.
siderably It ss than tills amount would suffice to purchase out.
right all the eqipment required, and the net earnings of the
properly would have been increassd (roin such ownership over
$300,000 yearly.
" Tlie arrangement with the Oinfinnali Hamilton & Dayton
and the Cincinnati & Springfield Railroads for transporting the
traffic of this lir.e and handling hoist cars between Dayton and
Cincinnati has been made permanent by mutual agreement, and
is working very satisfactorily to each road."
The freight business of the road for two years has been
:
:
Tons of
moved —
freight
1176.
18:7.
Local
3,M1,983
l,69.'i,402
Through
1,598,020
8i,aA4
P. c.
6
1U8-3
H
f,804,(08
»,tr6,6£6
13-2
-6,971,485
860.4O7,O0J
114,(190,683
171,269,362
32 6
49 3
337,378,487
288,360,045
17-0
Total
Tonnage mileage
Local
Thrcngh
Total
Wabash.
(Forihe year ending December 31, 1877.)
From the report made' at the late annual meeting we have the
following figures
lARNIHeB.
1876.
1877.
Pre'ght
Passengers
Maiis
$3,162.52)
$2,M6,.S7J
1.1S6,4'.7
1,52<,S26
HSaM
l."-6.117
Expresis
h7.7fi8
97,123
MIscellanooDf
61,769
H8,845
$1,585,914
$4,667,286
$(,('81,299
1,185,321
$1,088,751
Total
EXPENSES.
Condactins transportation
Motlvc-power .and cars
way and structnres
Renewals of way and strttciures
Renewd s of equipment
Repair? of
l,S-ai,i04
50li,S92
473.728
157 128
45,142
58,209
.
n^.fSl
5;0,4S7
35,837
140,828
15v,8S8
Total
$3,329,601
$ <,732,o:o
Net earnings
$1,356,112
8.36,585
$18,592
. .- --^.
$27,713
General expense* ...
Taxes and insurance
DISFOSITIOH or INOOKS.
Construction and improveiiient?. equipment
Conetructlon roadwny and ftructnres
Rent of triickC. B & Q. UR.
Rent of track T. P. & vf. HR
Reaal n<n. & Naples RK
Rental Wabash Equipment C'j. care
a3u,2^1
49,755
14J.121
31,823
Total
Sarplu'i
lj,^Oi)
10,OM
17,500
2^.583
70,003
$28i,117
«8i,117
$.3;i6,723
$970.99o
$438,562
$53i,432
Increase
The expenses were 7361 per
cent of gross earnings in 1877,
againtt 81 '73 per cent in 1876.
Companies of New Jersey.
year ending December 31, 18'(7).
\he State Director for 1877 gives the following
Unitctl
(
The
figures
V
report
f
t?ie
:
Pafsengcr earnings
Freleht
£xpreES, mftil, etc
$3,f.84.363
8,8ii8.5S2
511,151
Total
Working
t8,061,lv7
5,7be,094
exiientea(71 31 perc.nt)
Net earnings
$2,314,033
As compared with
1876, there is a decrease of $3,877,453 in
gross, and of $3,400,738 in net earnings.
The earnings of 1876,
however, were larger than ever before, swelled by the Centennial
traffic.
The earnings of the Delaware & Raritan (^nal were :
Srrss earnings
$896,569
Expenses (5:i-24 jer cent)
477,606
Netearnings
Tlje results of the year
Net railroad earnings
Net cinal earnings
Interest on Invcsimenta
.
$418,962
were as follows
:
$2,314,0.33
418,962
32', 625
Total
$2,9H52I
Inteten and taxes paid...
Net surplus
for dividends
Rental dividends, 10 per cent
2,863,589
215
aJSNBRAL INVESTMENT NEWS.
—
—
over and above the cash which has been collec'.ed from
$1,051,.'573
the
:
A) kansns Valley. This road is noticed for sale in foreclosure
on the 7th of May, 1878, at Denver, Colorado.
Central of lown. Receiver Orlnnell reports the earnings for
1877 as folbwn: (Jross earnings, $723,818; expenses, $519,638;
The Keceiver has paid on account of
net earnings, $304,190.
debts of the company and former receivers $319,685, leaving
are also debts due for equipment and
There
due.
$334,934 still
The business of the
for legal expenses amounting to $185,000.
road has suffered Irom the mild winter. It has also been p»rtnanenlly injured b; the completion of the Hock Island branch to
Oskaloosa, and the Burlington Cedar lU;)ids & Northern to
Grundy
Centre.
New Jersey.— The joint committie representing the various interests of creditors and stockholders of this
company have reported a plan for " the equitable adjustment of
the affairs of the Central Railroad company of New.Iersey withThe main points whidi strike a casnal
out a foreclosure'."
observer in regard to the propo.TO.l settlement are: 1. That the
2.
first mortgage interest and annual 1 ase rents .ire to be paid.
That t'.ie holders of floating debt are to bo paid in cash. 3. That
share.
must
raise
per
$10
the stc ckholder3
They have submitted a form of agreement, to be signed by all
" the Lehigh & VVilkesbarre
including
interested,
parties
the
Coal Company," the holders of the bonds of " tlie American Dock
& Improvement Company," the holders of ibe convertible and
consolidated bonds of the Central Railroad Company of New
Jersey, the stockholders of the said Central Railroad Company,
the Lehigh & Wilkesbarre Coal Company, the- receivers ot the
lastnamed company, the Lehigh Co*l & Navigation Company,
the North Pennsylvania Railroad Company, and the Delaware &,
Bound Biook Railroad Cojipany, the Central Railroad Company
of New Jersey, and the ri-ceiver of tbe last named company.
The agreement is divided into twelve heads, which may be condensed as follows:
Whereas, the Lehigh & Wilkesbarre Coal ComFirst Item.
pany issued $11,500,000 mortgage bonds, guaranteed by the Central KR., of which bonds $G,lll),000 are owned, some by the Central and some by the Coal Company, the holders of the balance
of f5,384,(J00 of said bonds agree to cAneel the guaranty, and
cancel the coupons for three years after December 1, 1876 provided the Coal Company deliver to them tlieir income bonds for
the amount of said coupons, layable in ten years from May 1,
1878, with " interest at the rate of seven psr cent, if lawful, but
not less than six per cent," payable half-yearly, if the income of
the Coal Company enables it so to pay, after paying on prior
mortgage liens; and provided further that the $6,110,003 of
bonds held by the Central and Coal Companies shall be entirely
secondary to the original $5,384,000, and to the income bonds
issued for coupons, and the sinaing fund premiums applicable to
the former shall all go to the benefit of holders of said
$5,384,000 of bonds. The co:ip3n8 upon the said bonds owned by
the said Central and Coal Companies shall be detached and
in law canceled as the same become due, whether paid or not,
an 1 shall be depo.'^ited with the trustees in the said mortgage,
and are to have full force and effeet as against all liens, excepting that of the holders of the said $5,384,009 of bonds who sign
Ililders must sign by the 15th of April next,
this agreement.
and the coupons for three years sha'l be surrendered by May 1.
Second Item. The holders of American Dock & Improvement Company bonds are to retain the right to be paid the
coupons from the sale of the Company's lands, and not to release
the guaranty by the Central Railroad Company, but to agree not
to prosecute this Central on its guaranty belore July 1, 1883, provided the Central shall by May 1, 1878, deposit with the trustees
named in the mortgage $700,000 of the bonds ol said Dock Company belonging to the Central, which bonds shall, so far as
necessary, bo applied at par, as a payment on the bnada of
assenting holders of interest which, on July 1, 1S83, shall not
hive been paid, and the balanc" of such $700,000 bonds, if any,
Holders of Am. D.
shall he returned to the Central Company.
& I. Co. bonds mu-t sign by April 1-5, 1878.
Third Item. The holders of convertible and consolidated
bonds of the Central Railroad Company are to agree that the
coupons thereon, payable (or two years and a half from those
last payable before the appointment of a receiver of said Cpmpany, shall be canceled on their receiving bonds to be issued by
the Central Company, payable in 35 years, with 7 per cent interest, such new bonds and the original bonds from which the
couf ons are taken and canceled, to be secured by a mortgage of
not over $5."50,000 on the real estate of the Central Company
at CA>minunipaw and Port Johnston; on the lease to the I'entral
on $1,500,000 of
of the New York & long Branch Railroad
the capital stock of the N. Y. & Long Branch Railroad ; on
the lease to the Central of the South Branch Railroad on the
tri-partite agreemfnt, between the Delaware & Bound Brook
Railroad, the North Pennsylvania Railroad and the said Central
Railroad, for a continuous line of travel between New York and
Philadelphia on the bonds made and executed by the Lehigh
& Wilkesbarre Coal Company to the amount of $6,116 000
owned by the Central Railroad Company, and by the Coal Company on $6,600,000 of the capital stock of the Coal Company
on the capital stock of $3,000,000 of the American D.jck &
Improvement Company on the capital stock of $800,000 o* the
High Bridge Railroad on the capital stock of $200,000 of the
Longwood Valley Railroad on the lease to the Central of the
Lehigh & Susquehanna Railroad on the equipments of the lastnamed road; and on all the property, franchises, rights and pririleges of the said Central Railroad Company, included in the
said mortgage to the New York Guaranty and Indemnity ComCentral Railroad of
—
;
—
—
;
;
;
;
;
...
$586,931
S,019,f40
;
ToUlIoss
$1,433,108
In 1876 the lessee received a profit of $1,137,421 ; in 1875 there
was a deficit ol $647,665.
The capital stock is reported to be
$30,190,400. an increase of $,300,000 during the year; the funded
debt at $19,8!)9,116, a decrease of $183,304, One loan of $450,000
falls due in 1878, but is provided for by the sinking fund.
;
;
;
—
:
THE CHRONICLE
216
p»nj to secure the convertible and consolidated bonds of the
said Central Raihoad Company.
Tbe mortgage (blanket) given by tbe Central Railroad to
Samael Knox and John Kean, as trustees, on a part of the foregoing premises, to secure $5,000,000 bonds, of which only
$3,300,000 have been issued, and, with other collaterals, pledgfd
to secure an indebtedness of $4,500,000, is. on the payment of
said indebtedness by the means provided for in this agreement, to
be canceled and satisfied of record.
Convertible and consolidated bondholders must sign by April
15, 1878.
—
Fourth Item. The stockholders of the Central Railroad are to
ngtef to pay ten per cent on the amount of their stock, in sums
of 20 per cent evt-ry three months, and bonds secured by the new
mortgage, and as provided for in the last foregolnjjitem, shall be
given for tbe amount so paid and they further agree to surrender
to be caoceled one out of every ten shares of stock held by them
on receiving a 30 year 7 per cent income bond for the amount of
stock so surrendered, the interest to be paid if earned over and
above prior claims, but not to be accumulative. The whole sum
and if not
in cash thus to be raised shall not exceed $2,036,800
80 raised within thirty days from date, the rcceivt-r, having given
notiBcation, shall have the right to dispose of any of the $3,036,800 of bonds so secured by mortgage among stockholders who
have taken their proportion of bonds, and if they do not take
them, then to any stockholder on same terms.
The Lehigh & Wilkesbarre Coal Company and its
Ihfth Item.
receivers are to agree to issue the bonds, etc., etc., as provided
for in the First Item.
This agreement shall be binding, if the receiver of
Sixth Item
the Central Railroad shall, by the 15th day of April, 1878, so
declare, even although all tbe holders of the convertible and consolidated bonds shall not have signed the same
Seventh Item. The said Francis S. Lathrop, receiver, agrees
that, with the consent of the Court of Chancery, he will comply
with the several Items of the agreement, and will apply the
money that may accrue and the income of the railroads so as to
discharge tbe liabilities of the Central Railroad Company for an
indebtedness of about $4,500,000 or the unpaid balance thereof,
which liabilities are secured l>y collaterals amounting to |9,500,000 belonging to the railroad company, and coal company, the
holders of which indebtedness have agreed to extend the same to
Hovember 1, 1880, on condition that the interest thereon and onetwelfth of the principal are paid every three mcnth.s the receiver
being also at liberty to compromise and settle with the general
creditors of the railroad company, who have unsecured claims
amounting in all to about $700,000, with income bonds of the
dtBcription provided for in the Fourth Item hereof at par, or,
ccorQing to his best discretion, by the use of any property of the
said railr ad company not herein otherwise disposed of, and the
income bonds to be issued under this agreement shall not exceed
$2,450,000, which are only to be used as provided in this and the
Rental L3high
&
XXVI
[Vol.
Susquehanna Division
(33 1-3
per cent of gross
receipts)
616,511
Total net income for 1877
81,838,335
Under the plan, the Central Railroad Company will be relieved of payments,
exclusive of dividends, upoa stock, as follows :
Interest upon consolidated and convertible bonds, two and one-half
years, at $l,S5S.0i)u per annum
$3,395,000
Inttret-t on American Dock & Improvemeut Company's bonds, two
and one-half years, at $210,C00 per annum
..
5:5,000
Per annum, $1,568,000; two and onc-hiilf years...
$3,920,000
To pay otFthe secured debt of $1,500,000, as now arranged, will be required
the sum of $4 997.210.
I'nder the plan there is to be paid the annual interest aa first stated.
$622,948
Interest upon the $^^,500. 000 new mor:gage bonds
8-5,000
Interest upon the $2,15U,000 new income bonds
111,500
Annual
interest account during
The annual net income above
two and one-half years
$1,179,413
1,83S,335
is
;
;
—
—
—
Which leaves aa the balance of annual net income
Making for two and one-half years a balance applicable
ment of the debt of
Amount
to
$658,887
to the pay1,647,817
3,036.800
be received from stockholders
Total amount to be received en basis of 1877 for two and onehalf years
$3,681,017
This would leave a balance of
1,313.833
To pqy the secured debt and interest as above of
$4,997,260
Which would require an increase of aunual net income during the two and
.
.
one half years of J325,292.
The small amount of net income for 1877 has been owing to
the general depression of the coal trade strikes. The company
receives 40 per cent of tbe selling price of coal for transportation.
An advance of $1 50 per ton upon 3,000,000 tons, which the company should carry annually, may with reasonable confidence he
anticipated.
This would give the company a net increase of 60
cents per ton, without increasing the expenses, and at the end of
two and one-lialf years there should be received from this source
about $3,700,000 to apply upon the balance of the secured debt,
above as $1,813,232. This amount, if realized, would
leave a balance on hand at tbe end of the two and one-half years of
Thereafter tbe net
$1,460,000, with the debt wholly discharged.
income ot the company on the basis of these figures sliould
stated
be
And would be distributed as follows:
Annual inter.jst above stated
Interest on consolidated and convertible bonds
83,633,335
862'^.94S
(^19,-
4iO,OL'0'.
l,S6S,0CO
Interest on $8,000,000
new mortgage and income bonds.
.
66Q,0[0— 2,540,948
;
Foartli Item hereof.
The other items are formal declarations by the other parties
named that they will conform to the agreement, and the eleventh
item states that, when the several companies have signed and
those holding a majority of the $5,384,000 bonds of the Coal
CJompany guaranteed by the Central Railroad, and those holding
a majority of the bonds of the American Dock & Improvement
tympany guaranteed by the Central Railroad, shall have signed
the agreement by the fifteenth day of April, and if by that date
$1,020,000 of the $3,080,800 provided for in the Fourth Item shall
have been paid or reasonably assured, that then this agreement
ahall take efTect and be binding, and the receiver of the Central
Bailroad shall so declare by so certifying on the agreement and hj
public notice, and the bonds to be issued shall be delivered May 1.
If the receiver of tbe Central Railroad and John S. Kennedy,
John E. Johnson, Jacob Vanatta and George Manly, who shall be
known as a committee of detail, shall find that the agreement
cannot be effectuated by the fifteenth day of April and the first of
May next, they or a majority of them are empowered to extend
the lime for thiity days.
Receiver Latbrop has issued as a supplement to tbe plan a statement giving the details of the company's condition at length, and
from the figures adduced the committee make an exteuded argument, designed to show the feasibility of the agreement. The
following is a synopsis
laABU-ITIES NOT
AFPICTED BT THE PLAN, AND WHICH HAVE ALWAYS BEEN
AND MUST CONTINUE TO BE. PAID BY TBE CENTBAL BAILBOAD COMPANY
OUT or THE ISCOME,
Aannal interest on first mortgage bonds
Annual interest on Newark iSt Siw York Rsilroad bonds.
Annnsl intereRt on cqnipment loans Lehigh & Susquehanna
Company
Aninal ruiit of Long Branch Railroad
Bailroad
S850 000
is'llT
'
165000
.
Annual rent of Souih Branch Kailroad
.','
"..'..'.
SiiS6
S6896
~$^5i
Total
For the year ending Dec. 31, 1817, the earnings of the Central RaUroad Comitis branches and leased lints, were as
follows
-ly,
:
'entrnl IMvisiun
Ceo
Earnir
Bxpcnsca
'..'.'.".
IjObk Brunch Division—
larniogg
Bxpi nses
308,759
157,058—
Hewark Branch—
£arnin<:s
Kxpenate
Bieb Bridge Blanch—
^rnlngs
Jtxpenses
& Susquehanna Division—
5»™'«K»
Lehigh
Kxpenses
VarioDS other sources— ^et earnings
Total net earnings, 1877
$3, -108.496
«,104,a'J6— {1,104,173
151,701
153,660
'.'.'.'.'.
72,019—
61,810
49108
2^571
20,534
'
$1,933,646
847,780- $1,091,125
35 661
8 J 484 S46
Leaving a surplus of
$1 ,C97,3S7
Tbe
stock is reduced by the plan to $18,331,200, and the surplus
would give a dividend of nearly 6 per cent to the stockholders.
The Lehigh and Wilkesbarre Coal Company has earned more
than the interest on its bonds up to date. The amount of coal
income bonds that it is proposed to issue is $1,130,610. This
would leave interest payable as follows
:
Interest on prior liens
Interest on income bonds
Interest on coneoldidated
$.S15,CO0
79,141
376,880
bonds
Total
$771,024
A
sinking fund was provided for in the mortgage of 10 cents
per ton on 3,000,000 tons, equal to $300,000 annually. This
added to the other would make a total of interest after three
years of $1,071,024, which must be paid before the $6,116,000 of
non-preferrtd bonds can come in. A profit of 37 cents per ton on
8,000,000 tons would suffice, and the preferred stock would be
extinguished in less than 18 years.
It is believed that at the end of five years tbe American Dock
6 Improvement Company will be in a position to pay the interest on its own bonds, and that no call will be made on the
$210,000 of bonds provided by tbe Central Railroad Company in
case of a deficiency.
&
—A
meeting of bondholders was held
Miirietta
Ciitciniiati.
at Baltimore to hear the report of a committee of ten appointed
last fall.
The Baltimore San reports that Mr. Spence read a
report showing the present status of the road, being the report
Mr. Garrett favored a rearrangement
of the com mi tee of ten.
in future, but was indisposed a; present to make any proposition
for a gurantee from the Baltimore & Ohio Company.
He and
Mr. John King, Jr., were unwilling to admit the absolute necessity of the Marietta & Cincinnati to the Baltimore & Ohio, as the
latter bad another route to ClDcinnali in tbe event of the Marietta Si Cincinnati severing its close connection.
The other route
was the Central Ohio division, through Columbus, and the
Miami road.
The report speaks of the injustice of the decree for the app liniment of a receiver, requiring him to fulfill all obligations of
the Marietta & Cincinnati to the Biltimore Short Line in paying
7 and 8 per cent on its stock and bonds (owned by the Baltimore
by tbe Balti&, Ohio), the Cincinnati & Baltimore (largely owned
more & Ohio), the Cincinnati & Indiana, the Cincinnati & SpringIt had been
field, and the L^nited States Stock Yard (lompnny.
suggested that a large reduction of the debt must be made either
Mr. John L.
in the way of principal or the rate of interest.
Taylor, trustee of the first and second mortgages, died in jS71,
and no successor has been appointed. The committee forbore
making nny recommendations. Mr. Spence said he had written
to Mr. King as to the time when the interest coupons on the first
mortgage bonds will probably be paid. Mr. Kinji replied that, if
the court will allow, be hoped to be able to commence payinij
those coupons next April.
On motion of Mr. Spence, the meeting uuauimoualy voted to
—
—
contribute $1 on each $1,000 bond to meet the expenses.
bondholders subscribed their names to a paper, stating
amount
of
money each
will give.
The
the
;
.
M\ncn
3,
THE CHRONICLE.
1878.J
217
—
I'aclllc Mail.
The TPor/ii'« money article gives tha following:
Thi' ncKotiallnnii hy which Iho Psclllc Mall Slcnini'hlp Company wasjto buy
out the PuiiamA Tranull Compatiy were cumpUituil Wutlncidiiy, «inl tho neceefttry \i«patf siunuil buiI oxchniicea.
Tho I'aciflc Mail buys. fi>r$l,."i.'0,COO, the
five i-teamorA u( the trAusli compaoy niui 1^^ confnct with the Paniiina RftilroAiI, handinf; over to rho trantflt company a mm-K'b of one lhou9:ind (1,000>
boiid^or ih'-' t'aimina Uailroa*! Company « raoitKiire, £i(M each, arid givinij
tho mail conipaio'd iiott's at lor^ (late for tlm rcmaiTider of the purchaKo
money. The I'unama Kallroafl lends thoie bond", jEiUJ.HOO elerlln;.', to the
P-cilic Malt Company, and also oxtend* for four yearn the payment of the
principal of $400,000 iU. S. currency) previomly advanced to tiie Pacillc Mail.
The SJ, 000,(00 mortgace bonds heretofore made and used hy the Pacific
Mall Couipaiiy are now canceled, and the mortpiKe Is aatisfled. To secure the
Panama Kallro.id for it« loan and advances, the Pacific .Mail Company has
given it a bill of sale of fourteen of Its steamers. The Pacific Mall now enters
upou an exclusive contract with tho Panaiia Itailroail, dated February 1,
18~8, and lanuing for fifteen years, covering tlie business between New York
and points on the coast of the United States ai.d t'euiral and 8outli America.
It is to make mouthy payments to the Itailroal Compmy for llio lalter's
ahare of tho trafllcand for Inteiest on the sterling bunds and the currency
lent to It, the bonds not beginning to draw intere>t uutil the lOih of April.
The railroad's share of the trafllc cjvered bv the contract varies from onefourth to one-hiir, nccarding to the routes, and is substantially like former
arrangements between ihe twj cvmpanics.
The Panama Kailroad Cumpany has cuthority for a sterling mortitage of
£1,000,000, and has heretofore issued •2,989 bonds of £iO0 each, of wliich the
sinking fund has purchased and now holds 195, leavinsr 4,791 bonds in the
hands of the pnblic. Tho Issue of the 1,000 bonds which were delivered to
the Pacific .Mail Company Wednesday makes a total of 3,"^^-' bonds issued, and
leaves l,Oil boiid-i vet unissued and likely to remain en.
The bonds are not
denominated in d dlars, but are in sterling only but for convenience we may
call thewh.de mortgage $5,000,000, of which the public hold $8,791,000, the
sinking fund 8I!),M)oil, and th^i Pacific Mail Company has juet Vurrowed
Jl.OdO.mO. The bonds lent to the steamship company mature in Instilments
of i" (0,000 sterling, from October 10, Ijjl. to April lu, 1SS3.
;
Pennsylvania Rallroail.— The bminess on all linan east of
Pittsburg and Erie for January, 1878, as compared with same
month iu 1877, shows an increase in gross earulnjfs of $12,730 a
decrease in the expenses of |ia7,947: an increase in net earnings
of $150,677.
All lines west of Pittsburg, for the month of
January, 1878, show a profit over all lia'jiUiies of $143,155.
(ioTlFERClTL
EP^
flilDAT NlOHT. March 1.1878.
(ieneral trade continues to move slowly.
The matter of rail
road freights to the West continues to be a subject of controvorsy, and much business awaits its settlement. Tho eflect of
the Silver bill, which passed both Houses cf Congrf ss yesterday,
over the veto of the President, has not been fully developed.
Little progress baa been made in the proposed revision of the
tariff.
Tho political advices from Kurope have been uncertain
as regards the
prospects of peace. Very naturally, therefore,
are inclined to move cautiously, and this feeling is
reflected in the state of trade, though low prices continue to
stimulate exports.
Pork has l)een moderately active on the 8^0'. new mess going
as low as $10 85, and as high as $11 25, but closing wholly
unsettled. Lard was firm early in the week, but has declined
sharply in the past few days, closing to-day with sales at *7 52^@$7 55 for prime on the spot and for March delivery, $7'
$7 67| for April, and $7 75@$7 77i for May, Bacon has declined
to 5ic. for Western long clear, and closes dull.
Cut meats have
relapsed into inactivity.
Beef is quiet, but beef hams met with
rather more inquiry. Tallow has been active at 7 9-10@7ic. for
prime. Butter has ruled dull and prices close weak. The
demand for cheeie hag received some check from the extreme
prices demanded.
The following is a statement of winter hog
packing in the West, November 1 to February 30, 1877-8
men
business
63^
:
1877-78.
;
Pliiliitlelphia
for January:
& Reading.— This company reports
as follows
jit—
Nov.
,
J
Railroad
Canal
J">-
.„
traffic
traffic
.
Sleam colliers
iUchmond coal barges
No.
Jan.,
'17.
$610,763
992
$71I,7W
6-2,164
68,446
The Philadelphia
Milwaukee
613,oeO
410,000
388.000
.33.^,0'iO
i2.'i,000
Louisville
277,000
ai4,0OO
4,.310,000
.3,190.000
56
343
$673,980
361,134
$780,80*
$1,0?,8,114
$l,i!n,643
Grand
tolal
Previous week
in the week
The following
431,037
:
Pnlluian Palace Car Company,— The regular quarterly dividend of $2 per share was declared by this company, payable
February 15. The Pullman Southern Car Company have effected
a settlement of the celebrated Paine suits. The settlement, it is
understood, yields upon the part of the Paine firms the $125,000
stock to the company, and the company yields its clttjm on
attached dividends for personal liabilitv on the Paine firms, and
the $16,000 was divided.
-^
'
St,
Total six points
All oth.r (estimate^
2,371,131
1,751.970
6,631,134
4,914,<>7a
6,.33*2,.S5l
4,790,000
]S4,9;0
38«
says "Notwithstanding the suspeneion ot miniasr, and rijji'l curtailment of coal production last
month, the net profits of the two companies, t. e., the Reading
Railroad Company and the Coal & Iron Company, (or the first
two months of the present fiscal year, after the payment of all
expenditures for dead work and new improvements by the Coal
& Iroii Company, and all leases both of canals and railroads, by
tlie railroad company, were $io3,335 greater than those of the
corresponding period of last year."
Zetfg'«;-
ao.
!,54O,O0O
618,000
4S5.000
i60,000
Cincinnati
St Louis
Indianapolis
from November
all
Feb
2,:!.35.O0O
Packed
Total railroad company
HeadingCoal& Iron Company
Total of
"f8.
Not. Ilo
to
Fob. 80.
Chicago
SBOS9 RI0EIPT9.
x>
1
t<i76-77.
Paul & Dninth.— This is the Lake Superior & Mississippi
Company reorganiz-d. To Dec. 31 there had been
Railroad
issued of preferred stock $5,233,392, with $330,607 to be issued
$1,639,8-13, with $2,440,151 yet to be issued.
The report of Mr. J. P, Ilsley, President, shows that in 1877 the
earuinjis were $559,275, and expenses $433,743, leaving net earnings $115,530. The Land Department receipts were $78,994, and
expenses $53,.382, including old bonds and new preferred stock
received in payment.
;
and of common stock
South Carolina Railrcid.— A notice was issued to holders
of the second uiorlj/ago and non-mortgage bonds of this company inviting tbeiu to a'tend a meeting in Charleston on
Thursday, 38 U Inst.
The World gives
the
following
synopsis of a proposed plan for funding the second mortgage and plain bonds into a new bond for a smaller amount,
and paying off the floating debt bv monthly instalments.
The^ second mortgage amounts to $3,000,0»0, of which $1,2uC,.500 are in the hands of individual owners, and the remain ier (with Several coupons in arrears) is hypothecated at
50 cents on the dollar as security for the floating debt, which
aiucmnts to $1,080,000. The plain bonds are $1,118,000, and are
all in the hands ot tho
public.
Tiie propjsition is to scale the
plain and th-' outstanding second mortgage bonis about 50 per
cent, giving in exchange a 35-year 7 per cent mortgage^bond, on
which it is calculated that the interest could and would be regu-
Pork, lbs
Bacon, &c., lbs
Lard, lbs
Total, lbs
318,783
is
1
a comparative summary of aggregate exports
to February 33, inclusive:
1876-77.
1S7--78.
20,540,300
116,566,461
2-j,sso,son
£0«,1!)0,658
82,'ai),446
377,063,710
.311.770,301
i2!l,937.019
Increase.
Decrease.
8,310,000
80.766,421
43,337,015
Kentucky tobacco has continued rather quiet, the sales of the
week aggregating only 550 hhds., and of these 450 were for exleaving only 100 hhds. for home consumption. Prices,
however, ruled comparatively steady
lugs 3@4ic., and leaf
ranging from 5i to 12c., as in quality, medium to good, light and
heavy, going at 7@10c. Seed leaf has remained quiet, and yet
sales for the week amount to 750 cases, as follows 300 cases
New England, crop of 187G, 8@30c.; 100 cases Pennsylvania, crop
of 1876, private terms 100 cases Ohio, crop of 1876, 6tol3ic.;
350 cases Ohio, crop of 1874-75, 6@8ic.; 100 cases Wisconsin,
crop of 1376, private terms. Spanish tobacco shows a very full
movement, the sales being 700 bales at 75c,(g$l 10.
There has been a very quiet market for all grades and descriptions of coffees, yet no quotable changes of importance have
Vaken place; llio is quoted at 16(al7ic., gold, for fair to prime
cargoes; stock here in first hands on the 37th ult., 80.501 bags.
I^ce has a steady jobbing sale at late prices. Molasses remains
8t«ady, with a good, fair trade in New Orleans grades.
Refined
surar>3 have been firm and fairly active; standard crushed quoted
atnOc. In raw grades little has been done, but all prices are firm
lair to good refining Cuba quoted at 7i<a7|c.
port,
;
:
;
/
Stock February 1, 1878
Kcccipis since February 1, 1878
Sales since February 1, 1878
Stock February 25, 1878
Stock February 88, 1877
Hhds.
Boxes.
35,368
21,237
28,184
18,421
11.392
7,078
8,819
6,847
9,C50
2,590
Bags.
67.437
106,945
Melado
19
13.3,103
602
6il
41,329
11,878
615
There has been a very fair business in ocean freights, and all
rates have remained about steady, with the exception of grain
berth tonnage, which has shown a slight irregularity. Late
engagements and charters include
Qrain to Liverpool, by
:
steam, 8@8id.; cotton, 9-32d. provisions. 40ig45s. per ton ; grain,
by sail, 7J@7id.; flour, 2s. Od.; cotton, 9-32d grain to London, by
sail, 7}d.; flour, 3s. 3d.: do. to Glasgow, by sail, Ss. Od.; grain,
5a. 3d. per qr.; do. to Hull, by steam, 9}@l()d.; do. to Copenhagen,
5s. lOid.; do. to Cork, lor orders, 5s. 9d.@6s do. to Granton,
OS. 6d.; do. to New Castle, 58. lid.; do. to Bergen, 5». 8d.; crude
petroleum to a French port, 3s. 6d.; refined do., in cases, to Java,
35@37c., gold. To-day, grain room was more active, though at
somewhat irregular rates. Engagements were: To Liverpool,
by steam, grain, 8d.; cotton, 9-3'id.; grain, by sail, 7id,; provi;
;
;
808.@378. Cd.; flour, 23, 3d.; wheat to London, by sail,
per qr.; flour, 3s. 3d.; do. to Glasgow, by sail, 2s. 4id.;
Spriiigfleld & Northwesitern.— This railroad was sold at grain to Cork, for orders, 5s. Od. per qr.; do. to Bristol Channel,
Springfield, III., Feb, 34, upon a decree of foreclosure and sale of 58. lid.@58. 3d.; do. to the Continent, 58. 4d.@58. 9d.
the United Sates Court.^ It was struck off to Col. John Williams,
In naval stores little of importance has been done, except that
of that city, for $100,000.
in the early part of the weel; a fair export business was done in
rosins at a decline to $1 .55'^$! 60 for common to good strained
L'lica Ithaca & Elmira.— This mad is noticed for sale in fore- spirits turt>entine is quoted at 33c. asked, with trade limited.
closure on Tuesday, April 30, 187o, iu New York City.
Petroleum has been quiet and only about steady crude, in bnlk,
understand the proceeding to be an amicable one, and nithout 7jc; refined, in bbls., ]2^r. asked. Ingot copper is unchanged
preiudice to the rights of bondholders, whose^ interest, as we are sales of 150,000 lbs. Lake at 17i@17ic. Clover seed dull at
7@
larly paid.
sions,
5s. 8d.
;
We
;
;
inlorraed, has been
and
will be paid.
,
,
,
—
.
:
THE CHEONICLl
218
COTTON.
Friday, P. M., Marcli 1, 1878
The Movbmbnt of THK Crop, as indicated by our telegrair 8
from the South to-night, ia given below. For the week ending
this evening (March 1), the total receipts have reached 04,349
bales, against 107,670 bales last week, 120,099 bales the previous
week, and 137,133 bales three weeks since, making the total receipts since the Ist of September, 1877, 3,579,054 bales, against
3,571,507 bales for the same period of 187G-7, showing an increase
since Sept. 1, 1877, of 7,517 bales. The details of the receipts
for this week (as per telegraph) and for the corresponding wt eks
of five previous years are as follows
week at—
Receipts this
1817.
1878.
——
30,8^3
37,051
26,515
38,093
42,562
7,96?
3,707
9,506
6,871
5,7i)3
4,341
Fori Royal,
6,t36
4,348
3,S23
5,764
9,481
698
304
282
1,019
4
11,862
3,530
5,193
11,143
11.435
7,057
6,059
7,9J3
7,293
8,295
&c
Savannah &o
10>^
10!4
Good
Ordiu.ary
10|i
Strict
Good Ordinary
lOX
lOM
1
6,803
j-
25
73
203
214
4.50
12,195
10,178
12,J6D
9,416
8.366
306
115
179
404
112
1,947
1,595
2,358
604
1,484
Norfolk
6,018
7,753
5,995
11,871
8,532
1.362
602
471
671
247
(.8,616
88,215
77,308
95,464
82,S07
5,E8S
City Point,
&c
1,019
91,319
Total since Sept.
1.... 3,579,05
}
;3,57i,5r ,3,491, 14' ,2,991,52- 3,146,119 .2,795,164
for the week ending this evening reacti a total of
148,903 bales, of which 70,433 were to Great Britain, 13,952 to
France, and 03,520 to rest of the Continent, while the stocks as
Below are the
made up this evening are now 814,781 bales.
stocks and exports for the week, and also for the corresponding
week of last season:
The exports
Exported to
March
Great
1.
France
Britain
New
Total
Same
Conti-
this
week
nent.
week.
1877.
ending
Orleans*,.
35,191
Mobile
8,534
3,177
21,331
e 5,058
2,000
6,177
quite broke
week
mon.
Sat.
18-.
7
31,170 351,16? 308,951
58,310
71,8=4
»
Ordinary
i%
i%
9 5-16
(iood Ordinary
Strict Good Oid'ry. 9%
Low Mtddllng.
lOK
10 •<
Strict
10«
.,
9 5-16
i%
9M
lOK
lOK
lOX
9
9 7-16
10
^'*
lOX
lOX
11 1-16
11 i-:6
U
11
Middling Fair...
12!^
Low Mlddrg WH
M%
13,227
13,664
41,953
35,574
5,510
61,996
46,185
4,252
1,097
5,349
757
65,833
70.850
Fair
7,578
1,11)1
8,742
4,961
153,182
!S7,372
19,005
7,916
2 015
53,000
45,000
67,307 814,781
8;3,195
12,670
9,187
12,952
65,520
149,905
1,393,3;3 396,701
434,296
Total this week..
Total since Sept,
1
70,433
;
coastwise ports, 2,»0 bales; which. If deducted from
the stocH, would leave 218,5.<1 balea representing the Quantity at the landing and Id
presses unsold or awaiting orders.
tfaiyfiscon.—
Our
Galvestou
telegram shows fbesld^s above exports) on shint
board at that port, not cleared: For Liverpool, 15,553 bales; for other foreign,
3.991 biles; for coastwise ports, ho bales; which, U deducted from the stocwould leave remaining -JS-ODl bales.
X The exports this week under the head of "other no-ts" Include, from Baltimore, 2,391 bales to Liverpool and S50 hales to Bremen; from Boston, 4,031 bides to
Liverpool; f:om Fhlladeiphla, 1,140 babs to Liverpool; from Wilmington, 1,015
bales to Continent.
fO,500 bales; for
From the foregoing statement It will be seen that, compared
with the corresponding week of last season, there is an increase
In the exports this week of 91,598 bales, while the stocks to-night
are 57,714 bales less than they were at this time a year ago.
The following is our usual table showing the movement of cotton
»t all the ports from Sept. 1 to Feb. 22. the latest mail dates:
BSOSITTS
8INCB BBPT.
POSTS.
1877.
N. Orleans.
Mobile
Oharlest'n*
Savannah
1816
1,124,144 1,001,852
EXPORTED 9IN0K SSPT.
Great
Britain
Prance
TO—
Coast-
Stoc
Total.
Ports.
841,774
149,832
378,4:6
forei'n
Feb,26 iFebS;, Feb,2o, Fcb,2;,
Feb,i7, Feb.26,;Feb.'.7.
8 3-lC.
8«
8 13-'C
8X
9 5-16
9M
9 ,-16
9«
Middling
10k
Low >riddrg lOX
10 li-16
Middling
Strict
Middling,,
U 5-16
Strict Good Mlddl'g 11«
Good
Middling Fair..,
Fair
8 13-16
8V
9 13-lB
10
Low Middling
Low Mlddl'g W
3-16
9-16
12
1-W
Fair
12 9-:6
12 1-16
12 9-16
Good Ordinary
Low Middling
Spot Market
Closed.
Florida
N. Carolina
11,9:0
18,9;6
120,189
333,f
191,133
8S.h6S
158,514
153,039
63,936
4,251
25,715
218,599
113,613
28,441
1,750
13,397
4?,613
410,322
457,009
114,196
1,075
103,552
98,571
103,856
151,89!
11,980
3,959
11,319
118,5
120,125
65,73'
265,466
6.230
Frl.
Uar.
I.
8«
8X
8 15-16
o',(;
9X
u
11
UK
1!
iix
i; 11-16 1. 11-16 11 11-16 •.1 11-1
12 8-16 13 3-16 12 S-16
12 3-
i; 11-16 Vi 11-16 13 Il-lii 12 11-1
Til.
port,
Quiet, higher. ..
Monday . Onll, uach. quo,.
Dull, UDCh. qjo..
Tuesday
'.Vednesday Du'l.nom., lower.
Qulit, nuih.qu J
Thursday
Saturday
.
1
Con-
j
sump.
Steady
Frl.
-.
3.033
1
1-16
18-16
5-16
15-18
S
8
9
9
rOTUR
sit.
Total,
Sales.
'i"6
31i
Hi
"6;
331
SI4
1,317
51.900
46,irO
29.900
41.100
67.600
33,400
273
3,916
373,o5r
171
'
1,61
Total
8 15-10
9 7-16
9 7-1
HI 1-16
10 1-1
S43
203
761
530
"S'l
1,S85
8 3-16
8 15-16
ANT) TRANSIT.
Spec- Tranulat'n
113
171
211
:oo
,
Friday....
mi
B 3-16
8A1.KS.
OF SPOT
8\r.Ha
Ex-
28,271
43,600
W4
'0%
MARKET AND
53,395
183,633
8 S-IS
8!4
9
63,299
109,4.36
IJi
8 5-10
8 15-16
mon, Tnes Wed.
9K
9K
103,697
74,630
9-16
12 1-16
13 9-16
11
,
181,060
New York..
9-16
12 :-16
12 »- 6
^od Ordinary
Strict
103,7:0
7,9J4
W%
n^
Sat.
226,490
2>,574
Th.
Feb ,33
1.
8TA1NKI).
66,309
13->,0I6
11-18
12 3-16
12 11-18
Frl.
Fcb.33, Mar.
il
11
11
Middling Fair...
15,9f:8
467,25'
UK
ii-;6
12 3-16
12 11-16
11
10 11-16
llX
11
11 a-16
59,990
379,903
7-16
11
8 5-16
8 15-16
9?f
9 15-16
'.0 5-16
10,1^
9-16
18,983'
Galveston*.
u
\%
V
10 9-16
11
73,819
1
8 5-: 6
a 16-19 9
9 7-16
95«
9 15-16 10
5-16 lOH
10 U-li. 105^
11 1-11
12
101^
Strict
100,191
73,301
Tit.
12K
9 5-16
9 5 -16
ax
9 15-16
9 13-16 9X
10 5-1
10 5-16 10 .5-1'. lu 5-16
!0 11-16 10 11-16 10 ii-;o 10 11-16
9 3-16
9sr
HI 3-16
n%
437,744
31,931
1
115^
12 «
8 3-16
13-16 8V
9 3-16
9H4
9 13-16
10 3-16 10 8-16
10 9-16 10 9-16
10!^
3il.253
138,754
FrI.
Feb,?8, Mar,
1
Middling
Good Middling
Good MWdrg
W%
U
Mar,
405,691
437,977
K%
8
Strict
9 7-16
9 13-16 )%
9 13-16
10 8-16
10 3-16 10?<
10 9-16 10«
10 9-16
1-16
10 15-16 10«
loji
11 5-16
IIW
11 7-!
n'A
11 9-lS IIH
11 9-!6
12 \-\i
!a 1-16
12«
12 9-16 ViX
VI 9-16
8 3-16
»!•<
Ord'ry,
9
9«
Frl.
Til.
Feb,-i8
lb.
Feb ,36,
8 3-16
8 13-16
WX
350,65-
503, ,583
7-16
UX
Tnea Wed.
l^x
Middling
454,554 240,159 147,061
11
7-15
W^ed,
13K
Good Ordinary
Strict Good Ord'ry
Good
U
lOX
lOV
isy
UK
Strict Ordlniiry
Strict
nl-is
Tue» Wed, Tues TTed Taes
B.
Ordinary
V
Strict Ordinary
Good Ordinary
7-16
9 7-16
10
10?S
lose
II 1-16
Feb.33, Fcb.25, Feb,36. Feb.27, Feo.21 Mar, 1.
wise
Other
..
Norfolk*
Other ports
1
»
Ordinary
7-16
nx
Y~
10
ilX
law
\vi
n%
18S
\1%
Low
:,2M,220 2,2«,12(i
* y&w Orleana.—Onr telegram lo-uigtiL from Wew Orleans auows tliai (uesuiei
aboveexpons) the amoaut of cotton on shipboard and engaged for shipment at
that Dort Is as follows; For Liverpool, 3^,'i50 fialea: for Havre, 19,500 bales
foi
the Continent,
mon.
9
9 7-16
9
9 7-16
10
\'%
29,495
1,625
Sat.
i%
8!<
9 5-16
9 5-10
11,666
7.183
Sat. Klon.
~i%
"iS
lb
Strict Ordinary
2^,638
12.670
of adverse
Feb.53, Feb.-«, Feb,23. feb.'JS. Fej.23, Fct),25. Feb.21, Fcb.a5.
1,581
Other ports!
11-18
11
N. ORLE.\>'8,
Mon.
Sat.
2,857
Norfolk.
9-16
:
Savannah, &c..
.
UK
nn
11
10 6-16
10 11-16
11
—
Charleston
New York
10
10 9-.
lOTs
down on Wednesday, underacombinaiion
Middling.,
10 15-16 10 15-16 10 15-16 10 15-16
11 E-16 11 f-16 11 5-:6 11 5-16
aood MTddllns.
ii«
Strict Good Mtddl'g \'.%
IIX
IIM
Qalvestont...
11
11
7-16
9
9%
3-16
7-16
11-16
15-16
7-16
15-16
11
3-16
9>i
influences, and yesterday opened quite depressed under the reports
that the British Government was actively preparing for war,
together with a weak market for cotton at Liverpool and a decline
in British consols.
The close, however, was at some recovery on
a demand to cover contracts. To-day, the opening was at some decline, but it was recovered when a slight improvement in British
consols was reported, followed later by a slight advance.
The total sales for forward delivery for the week are 273,000
bales, including
freeon board. For immediate delivery the total
sales foot up this week 3.010 bales, including 1,615 for export,
in transit.
2,023 for consumption, 278 for speculation, and
bales were to arrive. The following tables
Of the above,
show the official quotations and sales for each day of the past
Stock
1878
m
»
iiji
5-16
9-111 13-16
12 5-16
12 13-16
II
11
sa
6%
8
Middling Fair...
12
12 1-16 13 3-16
Fair
13
12 9-16 12 11-16
Here we see a range of o-lGc. increased to 4 9-lGc. It seems to
have bfen anticipated that this range would be narrowed, but the
anticipation was not realized to-day.
The market for futures
1
Total this week
v
Uplands. N.Orl'ns.
na
11
llJi
lod M'iddlins
Strict Good .Middling
5,279
328
XXVl.
.
an
W%
Low
7,704
3,460
Florida
,
UX
G
38,016
Mobile
2——
.
Uplands. N.Orrns.
Ordinary
Strict Ordinary
Middling
Strict Low Middling
Middline
1813.
1874.
1675.
1876.
[Vol.
.
the result partly of speculative manipulation and partly the effect
of the constantly varying phases of European politics.
On
Saturday, peace was regarded by many as fully assured, and
there were large purchases of March contracts at a considerable
advance, based upon the widened range of quotations between
high and low grades. Precisely what the reppated revisions of
quotations amnunted to in the past two months may be seen from
the annexed exhibit:
Jan.
March 1
:
Week
6
6
,
DellTerie?
500
300
700
900
1,30»
900
4,600
free on board)
lorwara delivery, the sales (including
dave reached during the week 273,000 bales (all middling or on
the basis of middling), and the following ia a statement of the
j-oT
lot. this
yr. 3,484,703
Tot. last
yr.
.
13^2,790 333,749 368,771 3075,31:
3.501,8'2 1566,793 323,402 214,,550 21C9 819
• Under the head of CftaWeston Is Included Port Koyal, tSc: under the heau of
0iii!!eseonl8lacludedlndlanoia,&c,: under the head of Nornit is Incladed uhj
Foint &c.
These mail returns do not correspond precisely with the total of
tbe telegraphic figures, because in preparing them it is always
necessary to incorDorateevRrr correction mad" ».» thf. nortH.
The market for cotton on the spot has remained quiet; in fact,
business has been almost at a standstill, except moderate trausactions for homa consumption j'esterday and thirteen hundred
bales low grades for Liverpool taken last evening. Quotations
were advanced 1-lGc. on Saturday and reduced 1-lOc. on the fol-
lowing Wednesday, middliDg uplands standing at 10|c. To-day,
the market was quiet at revised quotations; ordinary was reduced
3-16c.; strict ordinary, good ordinary and strict good ordinary
were reduced 1-lGc. all grades of stained ic. For future delivery
there wbre fluctuationa of some importance early in the week,
;
jtJHS and prices
For Fe hruary.
08le«
100...
.
3.6C0
7,0.1'J
lOJS.n. 27th V.-n
:o-3S
200 ...
100 8, n.
7,700
For March.
io-;s
600 ,...
,1.-37
.10 ".8
.10-8J
10-89
I'ales.
.ll,-:*o
f'.foa
400
5.110
S.MJ
.
1.4UC
10-91
5,000
'0ls.n.-.'d...l0-9i
bOO total Feb.
!!.<00.,..
lu-n
4.000....
l.OCO....
i.too....
111-78
.3,600
It
6,,W0
S.aOO
10--3
10-94
:8,U0I)
total
1.71*
1,300
-93
March.
:o-3i
.,1
.
800 .
100 8 n
-!
ino
>f.-3:i
4,900
6,500
3,E00
too s.n ;th
1,000....
:o-S4
IG- 5
10-85
S,'iCtl....
lOSi
,,
,.
For April,
lC-82
11>-=S
1,500...
l.OO.i....
. . .
I0'»3
100
For May.
cts.
b'»leB.
CIS.
10- 38
2,00
2,
01
6,800
s
10-31
ir.-
1.
-31
1--83
0-;3
1
-«
1 -35
8I.S0J total April.
cla.
:0-8J
11-92
10-93
16-91
'0-95
11-96
l0-;i7
3,7l'0
10-98
8,600
4,110
10-119
;i-™
too
UOl
'.00
IDO
800
ll-(B
11-03
l;'P4
1,201
1.-05,
;0O
i:-o«
l.'OO
U-OT
600
1-08
J,600
6,810
1109
U-10
,
:
MAitcn
a,
l,7l>i...
.11-11
.11-11
.11-11
I.MI
.;rii
tfiJD...
..
l.UOO...
11-13
l.wu.
u-m
.
i.tw
lUO...
e».
balM.
...11-Jl
I.IOI'..
-.(«
...ii-a
i03
Wj
...ii-ia
.. i;-Ji
»J0....
...ll-H
SUO..
too..
8U)_.
i.\w
..
...ii-ae
l.TOP
vw
.11-19
1.30U
...u-i:
...1131
...
...u-Ji
d9,3JU total .lana.
tWl
1130
l.fJO
•OO
U-IJ
WU
801
800
l.TOO
ll-lS
i;-i4
11-15
For Jolr.
l.tHI
U-II
1,110
iris
i,wo
u-ia
4'ji'
11-'.;
lUO
too
11-13
soo
200
no
I1-.5
u-iii
4011
11-11
sou
u-au
iM
ii-n
1,500
1.(00
11 18
11-.SI
ItfJ
100
«00..
ii-;»
ll-»U
11-23
11-2J
11«
4U0
<0)
I;0
SJO
luo
IH)
.
11-33
11-31
II ss
I.UIO..
..11-3!
.11-31
..11 39
-00
..1 -10
I'JO..
400
!l-«
U-iS
.
.
11-31
800 total Sept.
Sulma, Aia
For October.
Nashville,
1
-20
*07
f
xch 1190 Feb.
fo.-
4tO
liX)
total UCt.
For November.
10- J3
20O
'200
Not.
total
For December.
pd. to
-3
t-xi;h.
.March for May.
-'.2
ptl, to exch 3
M jTcIi lor April.
The following will show the
Dec.
AOf.
;
toexch. 41)11 April for May.
pd. to excb. 2.0 Feb. for Juiu'.
i-d. to exch. 3i0 Ap 11 for iluy.
JflDOLlNO CPLA?rO«— AMSBIOAir OLA8«TFtOATT0ir.
Thura.
Wed.
Men.
Tue«.
Frl.
Sat.
Variable.
Lower.
Dull.
Lower.
Higher.
Kebruary
lu-1'2
IO'IpO
ll'-9/
lu-82
March
10-91
'.OH
1-1
April
10-91
11-14
IO-i.9
Miy
11
17
U-1-2
I1--4
10.9)
li-iU
11-21
11-31
June
Joiy
11-30
ll-3i
11
kt
August
3
Bopt mber.....
October
November... .
53
n-a
^
11 -i^
Dec
H-3<
n
I
11-9;
.o-«
8ta«ly.
«k)ld
lOi
KxctaaDKe
Thk
..
10-;
ll-Od
I'.-U
11-9
Slealy.
10-95
480
..
10- 14
•.0-9)
Et ady.
•.l'-9l
8-.e.iOy.
1(2
10-iI
ll':2
10-03
10-84
11 -Si
-Oi
10-91
ml) r
CIoBCd—
10-85
11-19
11-01
10-90
10-9!
lO-kS
11
Transl.ordert.
8)
11-19
11-23
U-3i
11-31
11-20
-93
4-M
10
91
X
li'lK
li)
4-81
4-91
6
Frl
Variable.
10-S8
10- 1
u-oi
1
-li
i',-2a
11-23
1.-^3
11-07
10-89
ll|-!5
lli-S)
10-81
11-11
H,-i7
10-89
10-33
Dull.
1190
Finn.
I'l'K
4-8:
li'lJi
4-SJ
Visible SurrL? of uotton, as made up by cable ano
telegraph, is as follows. Tlie continental stocks are the figures
of last Saturday, but the totals for Great Britain and the afloat
for the Continent are this week's returns, and consequentlj
brought down to Thurnday evening; hence, to make the totals the
omplete figuren for to night (March 1), we add the item of exports
from the United States, including in it the exports of Fridaj
oily:
1878.
18-6.
1375.
662,000
893,000
859,000
682,000
1I,5'00
32.500
63,000
1-20,750
ToUI Great
673,500
92 -,500
92-2 ,000
8:2,750
235,C00
15i,73D
226,5
5O0
111,730
5.000
3,500
4.,5C0
8,750
32,000
59,000
72.,000
63,750
10,750
Britain stock
Stock at Havre
Stock at Maraeilles
Stock at Barcelona
Stock at Hamburg
Stock at Bremen
Amsterdam
Stock at Rotterdam
Stock at Antwerp....
Stock at other continental ports.
120,512
11,394
8,873
101,075
Atlanta.
Oa
Charlotte,
N.C
Mo
Total,
now
Total,
aU
418
598
390
4«2
2,1-23
21«
80
SW
4,:-so
4,-210
1,590
3 816
2,619
128
168
41
1,972
3,214
5.192
8,498
5,047
7.39S
4,3S3
4,050
2,125
2,370
412
5,643
796
i.rei
l,07ii
4S
558
1,281
1,121
1,129
1,515
6,2)9
3,42«
ports
H.14
8,974
6,091
6,196
8,601
59,778
2,2i)S
717
St. Louis,
303
1.71,7
7,5-;o
3 786
8,5'.7
4,435
1,100
12,408
2.688
1,308
37,141
7,213
2,1133
1.'.7
::3i
389
685
665
350
670
351
4T»
3,954
1.320
780
874
4,793
4,839
3.935
32,S95
18,538
-
8,t>75
23,173
2J,513
90,123
19,917
22,639
72,108
89,420
56,134
210,9.>5
81,211
31,511
173,178
7,603
13.50a
20,,503
35.2.i0
47,750
46. 50)
3-2,2-)0
29,751
65,509
4', oro
45,25)
ll,2,->0
10,000
IB.,750
11,500
7,250
6,750
13,,2.J0
6,000
The above totals show that the old Interior stocks have
decreased during the week 10.419 bales, and are to-night 19,437
The receiptr at the
bales mo)'(i than at the same period last year.
jame towns have been 4,'.).'53 bales more than the same week last
year.
—
WEATHEn Reports by Teleokaph. The weather the past
week has been much less rainy, and farm -work is cverj- where
well advanced. Thus far, the season has been an early one in
fact, vegetation is so forward in some sections that it can hardly
;
bs considered a favorab'o condition, as there
is
so
muh
danger
of froit later on.
—
Oalveston, Texas.
It his rained haid one day, but the rest of
the week has been pleasant. Ths low country has gene ally
planted corn and will plant cotton next week. The ground is in
good condition, but vegetation is budding too fast. The thermometer lias averaged 57, the highest being 64 and the owest
^8.
The rainfall during the week hai been one inch and forty
huudridihs, and during the month three inches and eighy-eight
hundredths.
—We
bave had rain on two <Jays, with a rainIndianola, Texas.
of one inch and three hundrtdths. Q od progress is being
made in crop preparations. Average thermometer ."8, highest
nth of
05 and lowest 50. There has been a rainfall during the
February of three inches and three hundredths.
been
no
rainfall
here
Thera has
this week.
Corsicana, Texas.
Ploughing is active. T. e fruit trees are in full bloom. The iherinoineter hag averaged 53, ranging from 33 to 69. The total rainfall for February is two inches and eighty-five hundredths.
It has not rained hero during the week.
Dallas, Texas.
have had one hard fro.-t. The roads are better and farmers are
Averao;e thermometer '4. hi best 08 and lowest 3.1.
busy.
have had a rainfall of ni;:ety hundredths of an 'cch during February.
Brenham, Texas. The weather has bee-i warm and dry all the
week, an
planters are making the most of it. Some corn is
planted and vegetation is pushing rapidly. Average thermometer
The rainfall during the month has
(50, highest 70 and lowest 48.
been five inches and ninety hundredths.
New Orleans, Louisiana. It lias not rained here all the -week.
fall
m
—
—
W«
We
—
I
5.500
10,750
13,,500
13,000
368,500
372,509
458,500
309,000
Total European stocks
1,042,000
India cotton afloat for Burope.... 137,000
American cotton afloat for Europe 541,000
1,30).C03
1,380,500
1.111,7:0
169,C00
1-24,000
287.000
The thermometer has averaged
604,000
695,000
659,000
three and ninety hundredths inches. Last week's rainfall was
ten hundredths of an inch, and tlie thermometer had averaged 59.
The weather during the week has
Hhreteport, Louisiana.
The thermometer haa
been favorable for agricultural pursuits.
averaged 52, the extremes being 6G and 39, and the rainfall has
reached throe hundredihs of an inch. The rainfall during the
month of February has been two incht-s a..d sixty-sevtn hundredths.
The thermometer has averaged 53
Vieksburg, Mifsistippi.
during the week, the highest having been 06 and the lowest 37.
It has not rained here all the week.
have not received our usual
Oolurnbus, Mississippi.
Total continental ports
B(fypt, Brazil, 4c.,afloatforK'rope
Stock in United States ports
Stock in U. 8. interior porU
United States eiporU to-day
ToUl visible supply.
or tbeabovo, the
American —
Uveroool stock
t
1877.
BtocK at LlveriKJOl
Stock at London
Stock at
T.ni
£0,666
Oa
Oincinnati.O
closing prices bid for future delivery, and the tone of the market, at three o'clock P. M. on the
several dates named
Market-
807
16,247
\0'37
IX)
100 total
li.SOU to^al
9,727
634
4,837
1,388
1,589
2,014
13,966
2,675
Dallas, TexaiJefferpon, Tei
Griffin,
18,1»
559
lo.-m
3breveport,La
Vlcksburg, Mlse. ,.
Colnmbuj, Hiss...
Bufaula, Ala
l«T
1,463
1.213
1,59.1
871
Total, old porta.
»,
-.2 p'l.
JulJ.
"
.•!«'
'M
Mar.
Receipts. ShlpnwDta. Stock.
875
179
239
..
..
Week radinR
1878
Stock.
9,379
611
723
054
954
Tenn
1,
16,674
16,902
6,219
18,516
4.006
60,024
5,121
3.291
1,<88
1,630
Memphis, Tenn
lO-.S
K.-S9
11-01
100
The following exchanges have been made during the W3ek
•45 pd. to
jeoFc'
Aui^nata,
Uolumbua, Qa
Macon, Oa
MoutKomery. Ala
..11-13
-20J..
11-30
Oa
li-:-3
..'.1-36
i,:oo.
Receipts. Shipments.
ll-'5
II II
11-19
11-21
too
40U
100
11-83
11-11
11-25
11-31
U-i'J
IXM
r.-u
100
•3W
101
1.8
i:-o<
ii-e;
11-U8
ll-v9
11-10
J.l'OO
IW
...1.-3.
1,300
a,i*
l.««
11-04
1 -09
i;-i)
ii-;>5
l,SOO
II
219
Week ending Mar.
OS
lOi'
liw
l.iOO
3.00J
400
1,500
9,»oo
4,iix)
Kor MptsmlMr.
balM.
ot*.
...M-S5
Kor Aogust.
...11-30
,
...11-3J
...11-39
...l.-Sl
.
1<,'M< lotal J air.
...uai
.
l,»uu...
lOU
roi J ana.
i*)i
i;-.4
balet.
too....
.u-n
toul Maj.
.
THb fJHKuNlCLR
4UU..
•l,«i<0
:
1878.J
ou.
balaa.
iJUM...
.
12,C00
33,000
60,000
67,000
814,781
872,495
778,229
736,960
120,512
101,075
1-22,696
108,2;7
5t,00J
5,000
84,000
7,000
..baies.2,74 ,293
3,08'>,570
3.074,623
2,9:6,957
totals of
American and other descriptions are
ts fcllasTa
505,000
.512,000
431,000
375.000
Continental stocks
317.000
287,000
271,000
1-27,000
American afloat to Europe
United States stixik
United States interior stocks
540.C00
601.000
tO'.OOO
6.59,C00
814.781
872,495
778,2?9
736,960
—
55.
The
rainfall for
February
is
—
—
— We
—
weather telegram from Columbus.
l-i0,512
101,075
U2,59S
10n377
The weather during the week has
Little Rock, Arkansas.
United SUtes exports to-day
51,000
5,0CO
24,000
7,000
been dry and pleasant until to day, which i- cloudy and threatenTotal American
ing rain. The thermometer has averagtd 34, the extremes being
bale8.2,:;48.-293
2,461,570
a,275,li3
S,01:;,-237
JBatl Indian, Brazil. Ac.—
28 and ."i3.
We have had no rainfall this week.
Liverpool stock
Nashville, Tennessee.
167,000
303,000
375,'X)0
£07,000
The th'.-rmometer has ranged from 30 to 54, averaging 45.
London stuck
11,5)0
32,500
63,000
120,750
Uemphis, Tennessee. It has rainedjbere on one day, the rainOontlnenlal stocks
.'il.SnO
13r,!500
fS.SOO
1S-2,I 03
India afloat for Europe
137,000
11.9,000
SS7,ili)0
fall reachi: g two hundredths of an i cli, but the rest of the week
124,00)
Igypt, Brazil, Ac, afloat
4.',000
38,000
50,000
t)7,lXHl
has been pleasant. Koads are fast improving a' d thi re is some
plough! g. Average thermomelir 40; h:ghe.st 59 and lowest 34.
Total Bast India, 4e
8-35.001
399,000
709,500
9h.1,7.'-)0
Total American
Mobile, Alabama.
One day of the week wa.s cloudy, but the re2,S48.-.:93
2,461,570
2,01.-i.sr?
2,275,125
maining six days have been ;air. There has been no laiufall.
Total visible supply.. ..baits. 2.747.293
3,0S9,670
2.97(i,!i87
3.074,5-25
Average thermometer 54; highest 69 and lowest 43.
Price Mid. Uplands. Liverpool ... 6 l-16d.
6 11- 16d.
6 l-lSd.
?<(a'd.
Montgomery, Alabama. There has bet n no rainfall during the
These figures indicate a decrease In the cotton in sight to-niglt wtek, and the weaiher has been fine, the thermometer aveiaginf;
of 312,277 bales aa compared with the same date of 1877, a
Vlie rainfall duriog the month
51 and ranging from 30 to 67.
decrease of ;ii7,33-3 bales as compared with the correspondiop
has reached two inches and fifty-nine hundredths.
date of 1878, and a decrease of 229.09 i bales as compar. d
Selma, Alabama. We have had no rainfall here this week.
with 1875.
Madtson, Florida.— ll has rained on one day during the week
At the Interior Pouts the movement that is the reseipts just cl'Si^d, the raiufall reachi g thirty-eight hundredihs of an
and shipments for the week, and stock to-night, and for the inch. The therniome'er has averaged 69, the hiithest b ing 64
corresponding week of 1877—18 set out in detail In the following and the lowest .53. The days bare been warm but the nights
statement.
have been cold.
—
—
I
—
—
—
—
,
THE CHRONICLE
220
—
GuNNT
Macon, Georgia. Rain has fallen on one day tliia week. Tbe
thermometer has averaged 52, the highest being 73 and the lowest 33.
Atlanta, Georgia.
—We
have had shower-i on one day of th's
rainfall
We
i
inches.
Bags, Bagging, &c.— Bagging has continued to meet
jobbing dBniand during tlie week, but no large transactions are reported.
Prices are ruling steady, with holders
quoting 10c. for light weight, and 10i@10fe. for standard quality.
Butts have been taken to a fair extent, anl are ruling
steady in price at 2f!33c. for ordinary to bagging quality. The
sales for February foot up 7,010 bales on spot, liere and in Boston, at2 13 16(§3c. ey. cash and time
and to arrive, about 2'J,000
bales, mostly lor November, Decsmber and January sa lings, at
2 ll-16@2ic., gold, cash, and 3|c gold, time, according to location of ships.
Mar ;et on spot closes quiet but steady, at 2-|c.,
ex iship, and 3 15-16@3c. from store.
with a
reaching six hundredths of an inch. The
thermometer has averaged 48, the highest being 58 and the lowest
3.
have had a rainfall during the montli of three
week the
feir
,
—
Columbus, Georgia. -The thermometer has averaged 53 during
the wet-k.
We have had no rain, the total rainfall for the
month having b en three and fifty hundredths inches.
Savannah, Georgia. It has rained in one day this week, the
but the rest of
rainfall reaching twelve hundredsbs of an in h
the week has been pleasant. The thermometer has ranged from
39 to 75, averaging 57.
Augusta, Georgia. The earlier part of the week we had a
light rain on one day, but the latter portion has been clear and
pleasant.
Planters are sending their cotton to marlvet freely
and piantiug grain rapidly. Average thermometer during the
week 4.9, highest 71 and lowest 35. The rainfall this week hag
been eight liundredths of an inch, and for the month of February
five and sixty-three hundredths inches.
It has been showery two days,
Charleston, South Carolina.
with a rainfall of thirty-six huodredths of an inch. Average
highest
lowest
thermometer 53,
07 and
40.
The following statement we have also received by telegraph,
showinaf the height of the rivers at the points named at 3 o'clock
Feb. 23. We give last year's figures (Mar. 1, 1877) for com
—
:
—
—
r-Feb.
Feet.
5
25
New Orleare.. Below high-water mark
Memphis
Above low-water mark
Nashville
Above low-water mark
Shreveport. ...Above low-water mark
Vicksbttrg
.Above low-water mark
.
2;, '78.-,
,-Mar.
Inch.
—
C0MP.\n\T[VE Port Receipts and Daily Crop Movement.
comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of the
month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may constantly have before him the data for seeing the exact relative
movement for the years named. First we give the reeeints at
each port each day of the week ending to-night.
A
PORT BECEIPTS FROM SATnRDAY. FEB.
New
14
9
26
.
9
10
3
3
6
20
1
U
18
7
11
New
Orleans reported below high-water mark of 18V1 until
Sept. 9, 1874, when the zero of gauge was changed to high-watei
mark of April 15 and 16, 1874, which is 6-lOths of a foot above
1871, or 16 f«et above low-water mark at that point.
Or-
Mo-
Char- Savan-
week.
leans
bile.
leston
73)
1.J46
970
1,3:6
3il
1.839
14,21»
2,373
«,460
79 i
646
2,186
23,306
Tuesday
5,396
1,040
1,311
1,443
646
908
66
1,608
12,421
Wednesday..
6,756
947
577
2,308
635
832
334
8,057
13,396
Thursday.....
4,SO0
969
6=6
1,578
1,464
um
753
1,605
13,253
Friday
5,582
491
1,870
2,169
982
6)9
735
6,3-J6
17,-64
33,016
7,967
6,4;6
7,057
5,866
2,941
14,621
94,34i>
regret
eome places
are pirtially destroyed by mildew from excessive rains,
and in
others much damage has been done by caterpillars.
The famiue
census has been taken in Mysore, and it is reported that
so far
the returns show a loss of life amounting to one-third
of the population." These statements would tend t show that the
expectations of revival in the exports from the cotton districts
of Madras will not be fully realized.
A considerable portion of the
western Madras crop (which, we believe, is this year the
>
most
to
way
of late years
Bombay.
Cotton from Seed to Loom.— The introductory chapter of
our Book on Cotton will be found to day in our editorial
columns.
Its contents are of interest to all
The book
March 9.
our readers.
be ready for delivery on next Saturdav
itself will
Bombay S hipmbnts.— AcoorJing
to our cable despatch receivt d
to-day,there have been 13,000 bales shipped from Bombay
to Grtat
Britain the past week, and 20,000 bales to the Continent
while
the receipts at Bombay during this week have been
39 000 bales
The movement since the Ist of January is as follows Theee
are
the figures of W. Nicol & Co.. of Bombay, and
"u 'we
are brouirL)
orougti
•
down
to
Thursday, Feb.
28.
^Shipm'ts this week—, ^Shipments since Jan.
Great
ConGreat
ConBritain, tinent.
1878.... 13,000
S0,000
1877.... 27,CC0
19,(KW
1376.... IS.COO
4,M0
Total.
3i,000
46,000
17,C0J
Britain,
54,000
83,000
65,000
tinent.
98.C00
1
—
Total.
152,000
6:),0OO
15-J,I)C0
60,000
125,000
—
.
^Hecetpts
This
week.
39.M0
15,0C0
27,000
September
1
has been as
1.
1875.
1874.
1873.
1872.
93,491
236,863
169,077
134
115,255
184,744
578,5.33
675,260
610,316
586,963
3.55,3-i3
444,003
8-;2,433
901,392
740,116
676,-295
576,103
530,153
900,119
787,769
821,177
759,036
811,663
524,975
689,610
500,630
637,C67
444,052
703,163
669,430
4r2,054
449,686
479.801
333,324
432,63i
46-2,552
Total, Feb. 83.. 3,561,300
Percentage of otal port
receipts Feb, 23
3,551,6j5
3,457,554
2,934,051
3,043,205
2,715,8 7
,
since
Jan. 1.
a4-i,750
2CI,fl0fl
1876.
87-95
82 50
79-99
74-33
.376
83-91
This statement shows that up to March 1 the receipts at the
ports this year were 9,645 bales more than in 187(3 and 103,746
bales more than at the same time in 1875. By adding to the
above
we
totals
to
March
1
shall be able to reach
the daily receipts since that
time,
an exact comparison of the movement
for the different vears.
1877-73.
1376-77.
187.5-76.
1874-75.
18';3-74
1872-73.
Total Jan. 31... 3,089,'246
23,495
Receipts Feb. 1
3,;01,!i69
2,977,753
2,550,727
2,560,5:7
2,2-3,?C5
crops that promised so well in
its
since
Tear beginning September
1877.
Co., of
promising section of that Presidency) finds
11,42-;
:
September
October
<
The
Total.
),-,'5.
Monthly
Madras, under date
having to advise tha'
the condition f the country is not so good as it was believed to
be some time ago. From aouae districts where it was expected
distress would have been at an end ere this most disappointing
reports are coming in, while in others the state of affairs is much
worse than was anticipated. In CDnsequence of these facts
values of all kinds of grain have advanced very materially, and
we fear we have still several mouths ot great scarcity and distress before us.
All
others
1,416
of some of the authorities there seem to think very little
more can be expected than has been realized the past year, November
thougli we think the better opinion is still that there will be December
January
some excess.
February
The latest advices from the Madras Presidency are also less
&
much
ton.
Receipts.
mates
We
folk.
3,105
—
Messrs. Aspinwall
Nor-
ton.
1, '78.
6,04.5
follows
crop about 150,000 bales in excess ot last year. Less favorable
conditions since
prominent among them the late unseasonable
rains have gradually lessened this figure, and the latest esti-
of 19th of January, say: "
nah.
The movement each month
—
encouraging.
ves-
Wilming-
10,183
Total
India Cotton Supply. As the season progresses, the accounts
from India appear to be more unsatisfactory. In October it was
generally expected that Bom ay alo-ie would ship out of this
—
TO FRIDAY, MARCH
Gal-
Days of
Monday
7r.-
23, '78.
Inr
Feet.
1
9
22
1,
;
,
Saturday
parisou:
.
[Vou XXVI.
Receipts Feb. 2
Receipts Feb. 3
Receipts Feb. 4
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Receipts
Feb. 5
Feb. 6
Feb. 7
Feb. 8
Feb. 9
Feb. 10
Feb. 11
Feb. IS
Feb. 13
Feb. 14
Feb. 15
Feb. le.
Feb. 17
Feb. 18
Feb. 19
Feb. 20
Receip-8
Receipts
Receipts
Receipts Feb
23,463
20,601
11,093
S.
19,795
22.487
20,117
17,162
85,391
S.
S.
28,011
55.710
15,618
21,172
27,557
35,541
S.
I7,.ie4
16,721
22,631
21,661
20,000
28,732
19,076
21,174
15,507
17,656
22,.843
25,353
S.
14,3:37
23,482
14,317
16,653
17,146
20,3:i2
8.
18,914
21.386
2-J,806
19,637
26,011
27,461
S.
22,236^
15,100
25,768
14,458
15,578
36.822
S.
S.
15,705
20,181
16,994
17,644
23,511
2o,965
S.
19,035
16,817
19,011
59,611
23,264
29,647
16,269
14,1-34
14612
20.376
80,075
24,479
S.
15,019
1S,C97
13,997
14,80}
11,948
27,
S.
15,601
16,960
19,8-6
20,471
18,047
21.471
S.
17,380
13,249
19,636
16,948
12,974
82,612
S.
S.
11,673
16,031
15,923
SI. 103
20.556
16
23,077
6H
17,999
30,281
S.
2:J6
11,531
16,981
16,474
10,420
12.070
16,112
12,089
15,293
14, 537
18,071
S.
9,456
21,210
16,63«
21
14,650
11,793
27,656
S.
14,612
15,903
R;ce;ptsFeb.2i
20,845
7.3-23
20 344
21,.371
S.
16,9i;9
Receipts Feb. 24
14,-219
18,965
19,557
12,693
28,a34
S.
S.S96
17,262
11,837
13,648
31,876
Receipts
Receipts
Receipts
Receipts
Receipts
Feb. 24
Feb. 25
S.
23,306
S.
15,875
11,979
14,6f.9
18,098
Feb. 26
Feb. 27
Feb. 28
Receipts Feb, 28
12,421
16,982
1I.901
11,515
18,822
11,600
13,3)6
12,7J7
S.
12,378
15 048
12,05
13.253
11,3:8
23.719
8,903
16,144
15,631
Tot. last of Feb.
3,561,300
3.551,655
3,457,564
2,931,051
3,043,205
2 713,857
1.
17,754
6,325
7,842
8,90J
1..
3,579,054
3,557.93)
3,465,306
2,912,954
15.363
151,000
Froin the foregoing it would appear that, compared
with latt
year, there has been a decrease of 13,000 bales in the
week's ghlnments from Bombay to Europe, and that the total
*nce January 1 shows an increase in shipments of movement
bales
compared witn the corresponding period of 1877.
'
Receipts Mar.
Total Mar.
Per ct. of
total
po rt receipts
88-11
32-68
84-15
S.
3,043,205
79-99
9,343
2,7-25,200
74-83
:
MARcm
THE
1878.]
2,
This statement sUovfB that the receipts Bince Sept. 1 up to
more than they were to the game
day ot the uioulh la 1877, and 113,658 bales more than they
were to the same day of the month in 1870. We add to the last
table the percentages of total port receipts which had been
received March 1 in each of the years named.
Thk Expokts of Cotton from New York this week show a
decrease, as compared with last week, th^ total reaching 8,742
Below we give our usual
bales, against U,G49 bales last week.
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since Sept. 1, 1877; and in the last column the total
for the same period of the previous year:
Bxport»ofOotton( bales) from New ¥ork nioeeSaDt.I. 187T
Same
BRDIlla
Tout
XrOBTSD TO
Feb.
Liverpool
Feb.
13.
20.
27.
7,578
period
prev*a«
7ear.
to
Feb.
Feb.
date.
10,907
7,719
10,967
i,719
10,451
200
363
200
263
4,251
5,440
817
448
456
400
i64
12,72«
4,023
10.132
9,648
2.236
1.586
932
1,164
26,879
13,460
Other British Ports
Total to at. Britain
Havre
Other French ports.
Total Prencb..
Bremen and Hanover.
100
S37
Hamburg
Other porta
199,911
4,136
115
1,293
Total lo N. Europe.
387
1,609
Spaln.OportoAQibr<HrAc
300
All otiiers
Total Spain,
&e..
200
Grand Total
11,«7«
11.649
9.52S
8.742
-354.905
227.311
are the receipts of cotton at New Ifork, Bobiod,
PhiladelDhiaand Baltimore for the nast week, and since Sept. 1.'77:
The following
HBW TOBK.
CZ'TB rBOM
New
Orleani..
Texas
Savannah
I
|8ept.
1.
6,314
1-22,161
12,90?
2)619
51.581
116,616
34,S41
Mobile
BALTI
This Since
week. 8ept.l.
ThlB Since
week. Sept.:
Tenne&eee, Ac
Foreign
6,595
188
Total this rear
20,692
660,906
Total last yen.
19,787;
7:2,039
2,547
586
1,70!)
20
Shipping News.
....
6,6-14
3.4-24
'293
17,Cb7
43.S09
5.339
91,413
48,295
133,2)6
1I,»97
81,311
2,904
'914
642
13.553
17.115
33,377
200
8,m
2-JO
412
•jtf.iJ7
1,915
6J,093
74,508
2,138
26,458
5,591 '237.001
2,429
46,969
1,179 115,930
14,360;231.216
1,057
43.494
2,840
3,2:i4
1
I
94,625
—
The exports of cotton from the United
States the past week, as per latest mail returns, have reached
So far as the Southern ports are concerned, these
135,374 bales.
are the Bame exports reported by telegraph, and published in
Thb Chronicle, last Friday. With regard to New York, we
Include the manifests of all vessels cleared up to Wednesday
night of this week.
Total balei.
NewYobk—To
Liverpool, per sirs. Scythia, 1.296
City of Berlin,
83^... Idiho. 2,Ual ...Spain, 1,57^ ...Acrato. 1,317
7,s;8
To Bremen, per etr. Neckar, 400
4OO
To Uamburg, per 6tr. iloleaiia, 764
161
Niw Orleans— To Liverpool, per steamero Virago, 3,103 ...Laconia,
2,345. ...Mediator, 4,3i0....Federico, 5.844 .. per ships Olive 8.
Soathird, 4,1'-2
I'h irdi-aii, 4.h50
Alj;;e.-s. SJ^I ...per barks
Nonantum. 1,6 9 ...Msrtba A. McNeil, 1,6511 ...Bucepbaltts. 4,400 33.815
To Havre. p'T (hips G -orge Washinglou, 1,-286 ...Yauoourer, D,-.M
Viola, -2,1197 ...Beethoven, 3,183
l.-,,922
To Ronen. per steamer Ben Moio. 1.521 .. per bark Ebenezer, 437.. 1,(1.-kS
To Antwerp, per lark Esempro, 1,880.
I.WO
To Lisbon, per brig Oaei. 1,591
1,591
Toljenoa. per bark Navigatore, 1,505
1,505
To Vera Cruz, per stcauier City of Mexico, 617
617
Mobile— To Cork, per harks Live Oak. 1,111
Texas, 1,900
3,011
To Havre, per bark .J. ns Brandi, 1,553
1 553
Chablestom To Liverpool, per ship Sea King. 4,1S1 Upland and 550
t^ea Island
pr barks Jessie Gilbert, 2,038 Upland and 57 Sea
Island ..Maria, 1,3j7 Upland and 30 Sea Islaud
8,061
To Uavre, per bark Homeward Bound, 1,950 Upland and 36 Sea
Island
1,1)86
To Bremen, per bark Marco Polo. S,015 Upland
2 045
To Ghent, Btk'lura, per brig J. W. Beard. 1,350 Upland
...'..'..'.
1^350
To Uarcelona, per bark -Mai ti Codolar, 1,200 Upland
1 iOO
To a port In Spain, per barks Maria, 693 Upland
'
Fortana, 680
Upland
1 55i
OAVASNAH— To Liverpool, per steamer Bessarabia, 8,975 Upland and
1S7 Sea Island... per ships Bonanzi, 3,460 Upland and 298 Sea
Island ...Be.-\con?fleld, 4,511 Upland and 314 Sea ItlaLd .. per
—
—
'
Upland and
Sea Ial.ind
14,353
Cork, or Kalmoulh, for orders, per bark Fratcrnltas, 1,830 Un1,.551
97
Inni
To
B.inir;:i,
.
pir bjiUJ.) anno .Mjrie,
.
-M.'.-i
_
Upland. .........
_
..
Texas— To Liverpool, pei barks Walle, 2,199 ...Herbert C. Hall, 2,213..
To Fleetwood, per bark John Shepard. 2,101
...
NoBroLK -To Liverpool, per steamer Buenaventura, 4,400
per ship
Oracle, 5.110
To Bremcrhaven, per bark Oogla, 1,129
BALTiMonE— To Liverpool, per steamers Peruvian
'.
Aus-Jlao, 820.... Algeriiiu, 1,000
To BrcmoD, per steamer Leipzig. SO
Boston-To Llverpjol, per steamers Bulgarian
1,330
2,rjD
4.412
2,103
.
j jtO
....!'!'".!
lll29
(additional),' 276....
2,10J
'
a.bU
Savannah.. 11,3 V)
Texas
4,411
1.830
1,553
1,966
Charleston. S.O'U
1.330
...
68.9*8
4,SS«
l',5C&
IMK
17,878
6,515
10.«S9
3,6S*
i,m
Norfolk.... 9,210
Baltimore.. 2.102
Boston
1.591
1.015
2,193
3,103
550
7,7M
7,754
Philadelp'a 1,445
IJO
ToUI.. .90,730
2,103
4,341 21,119
Included In the above totals are, from
Below we give
7,0il
New
.3.4)0
1.64S
4,346
1,505
13.5,-271
Orleans, 617 bales to Vera Cruz.
news received to date of disasters
from United States ports, -Ac.
all
Bels carrying cotton
to ves-
str. (Br.), Thompson, from Oilveston Feb. 4. via Narfolk. with
cotton, &c.,for Liverpool, put Into New York Feb. 21 for repairs, havint;
broken her rudder after leaving Norfolk. The A. dischtrged 5.0 hales
of cotton and unsliipped rudder, which would be repaired.
Austrian, str. (Br.), Trocks, from Baltimore for Liverpool, met with an accident to her machinery while leaving the former p^rl. Felt. 21. Tne
defects were remedied and the vessel sailed for Annapolis Roads P. M.
24th ult.
Chilian str. (Br.), Bremner, at Liverpool Feb. 14th from New Orleans, reports:
on Feb. 6th, dnring a heavy gale, lo^t third cutter and met with other
damage about the decks; 0:1 the 7th lost life boat in attempting to save
two men from the bark Otto George, of Bremen.
CiTT or Dallas, str.. before reported on Are at Pier 20, East River, was
pumped out and rlischarped on Feb, 19th. It w-is found that her deck
beams f om the forwartl hold aft are badly injured, ceiling and deck
burned through, timbers and outside planking; ctiarred. but none of the
latter seriously. The hou-es on deck are compl tely destroyed and
cabins badly damaged with water. Her machinery is alco much Injured.
partial survey w.i3 held on the 21st. but no conclusion arrived at. It
is probable that she will be repaired at once.
The cotton on board not
damaged by fire was completely saturated with water, a single bale
turning the scales at about four times the standard weight.
General Barnes str., at New York Feb. 9 from Savannah, was more extensively damaged than was at first supposed. She will be thoroughly
overhauled and repaired by the New York Ir >n Works.
WiELAND, str. (Ger.) at Plymouth Pi b. 12 from New York, reports: after leaving
New York had a gale from N.E. for -24 hour.-", subsciueutly losingablade
•IT propeller.
On the 5th, otT the (*anks had a terrible snow storm from
E., with a tremendous sea, dtmaging boa's. Ac.
KsNTucKiAN, ship, at Liverpool Feb. 1) from Galveston, reports having
Athkkiah,
A
in.
Bernards, shin
(Br.), Chirchill, from Philadelphia for Llverpoo', went
asho e on the lower end of Reedy IsHnd, Del., having got into tliat
position during a heavy gale afternoon of Feb. 21. She came off 33d,
undamiged.
Tornado, ship (1.721 tons, of London), Ellis, loading cotton at New Orleins
for Liverpool, and having soma 5,000 bales on board, was discovered to
be on fire A. M. Fib. 21. She was scuttled and filled with water. Loss
about |125,(X)0
Cause of flre unknown. The cargo and vessel were
valued at $250,010.
Insured in this country and abroad. After the
cxtinguishmeut of the fire the Interior of the ship showed very little
charring, although every bale of cot ton on board is more or less burned.
The flre i>roko out again at midnight of the -25th on the port side. She
ha1 thirreeo feet of water In her hold and It was supposed that she would
sink. Both vessel and car;>o wl'l prove a total loss.
JoBK Geddie, bark (Br. \ for Liverpool, which put back to Savannah Dec. 26,
leaky, repaired and resumed her voyage Feb. i3.
National E.\ulb, bark. Freeman, from Sivaunah for Liverpool, which put
itito Falmouth Jan. 27 leaky, arrived at Liverpool Feb. 9.
Thos G. Smith, schr.. from Georgetown, S. C, for New York, ashore at Shark
River, N J., with about onethlrd of her cargo of rosin 00 board, broke
up Feb. 21, and will be a total loss.
St.
LrvKKPOOL, March 1—5 00 P.M. By Gablb FROM LivbrPOOL. Estimated sales of the day were 6,0(X) bales, of which
590 bales were for export and speculation.
Of to-day's sales
4,800 bales were American.
The weekly movement is given as
—
loUows
Feb.
Sales of the week....
bales.
Forwarded
Sales American
of which exporters took
of which speculators took
Total stock
Feb.
8.
54,000
13.000
40.1X0
4,010
2.000
535,000
Total import of the week
of wh:ch .\merican
Actuiil
export
of which
American
7,754
1,445
20v)
.131,271
13.
4S,00U
11.000
Feb
March
22.
1.
(5,000
2.010
558,000
315,000
76,000
65,000
4.000
65.00U
9.000
47,000
4.000
4,000
626,000
4S5.000
141.000
125,000
6.000
St.*) 000
3l;,000
f3-.,110.)
21*7.000
299
SOi.OOO
25?,0O0
2(2,000
31,0(10
5..TC0
371,0.10
58,000
4-i,00fl
.
•iO.nou
12.000
38,000
2,000
2.000
(61.000
.5115.000
101.000
89.000
8.000
OtX)
The f oUowlng table will show the dally closing prices of cotton for the week
Wcdnes.
Frt.
Satnr.
Mon.
Tues.
Thnrs.
SirOt.
Mid. Upl'ds
..®6«
..ma ..®'i 1-18 ..la^ I-I6 ..©6 1-16
@6)i
Mid. Orrns
©5>f
..mH ..®'i>i ..©6 5-16 ..©6 5-16 ..©6 6-16
FiUura.
These sales are on the basis of Uplands, Low Middling ciaase, unless other
wise stated.
Satordat.
Feb. delivery, 6 3-329 1-16d.
Feb.-Mar. delivery, 6 3-32d.
Feb.-Mar. delivery, 6 l-ltd.
Mar.-April delivery. 6 3-3ld.
Apr.-May. delivery, 6>id.
Anr.-May delivery. 6 i-Sitmd.
Aug. -Sept. delivery, 6Xd.
May-June
delivery, 6 5-33d.
June-July delivery, 6 l-ied.
MOSCAT.
Feb. delivery, 81 i6d.
Mar.-Apr. delivery, 6 1-18d.
.\ng.-Sept. delivery, 6 7-32d.
.Mar.-Apr. shipm't. sail. 6 3-161.
Apr.-May delivery, 6 ,3-32d.
May—Tune delivery. 6S'<1Junu-Juiy delivery, 6 5 32J.
Feb.-Mar. delivery. 6 1-1 6d.
Mav-.lQne delivery, 6 .-Mid.
.May-Jute delivery. 6Xj.
Feb. delivery, 6 l-16d.
Mar.-Apr. delivery, 6 M6d.
TUESBAT.
May-June
delivery, 8 S-32d.
new crop, sail, 6 8-3)d.
Jan. shipment,
Api.-May d.-llvery. 6 M6d.
June-July delivery, 6Xd.
Mar.-Apr. delivery, «
Tan.-Feb. shlpmeul,
July-Aag. delivery, 6 5-32d.
l-32d.
new
crop, sail,
6 3-82d.
Wbdnbsdat.
550
(additional), 3.166....
Pembroke,29a....Java. 1,M9 .. Bavarian, -2,771
rBiLADSLPiiiA— To Liverpool, per steamers Ohio, .500.... Indians {omitted previously), 491... per ship St. Bernard, 451
To Antwerp, per et-;amer Nederiand (omitted previously), 200
Total.
n.s8o
Mobile
.
—
barK Lune,
To
.
N. Orleanl>.3^,•^l5
experienced very severe weather, aud had rudder split and companion
FHIiaOBU'lA
....
"54
Florida
B'th Carolina
erth Carolina.
Virginia
North' rn Portt
This Since
week. Sept.1.
Since
221
The particulars of these shipmenta, arranged In oar aanal forn<,
are as follows
Havre Bremen Antw'p Bareel'a,
Liver- Fleet
and
and
and Lisbon,
pool.
wood. Cork. Ronen. Ham'g Ghent. Ac. Oenoa. ToUl.
New York 7.578
1,104
8.741
stove
This
week.
:
:
CHRONICLIS.
to night are ni>\v 31,074 bales
WIBK
—
:
good ord«
Feb. delivery, 6 l-8Sd.
Mar.-Apr. deltvery, 6 1-32d.
May-Jane
Apr.-May delivery,
Feb.-Mar. shipment, sail, 6 3-Jl2d.
Mar.-Apr. shipment, sail, 6,'i^.
July-Aug. delivery. 6Hd.
Aug.-Sept. delivery. 6 S-16d.
Jau,-Feb.shlpm't, new crop, sail, t}{H
6 l-16d.
May- lune delivery, 6 .v3-2d.
J«ne-July delivery, 6)id.
Jan. B'nipmeni, new crop, sail, 6 3-3>d.
lauding, 6 l-32d.
Now
delivery, Orleans,
Clause, 6 5-18d.
.
:..
THE CHRONlCLk
222
4pr.-May delivery, 6
May-June
Apr.-May
delivery, 6d.
June-Juiy delivery, t> l-16d.
Aug.-Sept. delivery, 6J»d.
Jan. shipmeDt, new crop, eai!, 6
I-82d.
delivery, 6
16®
l-32d.
l-'.fi
Apr.-May
eail, 6 l-32d.
Ciotton freights the past
Liverpool
,
'
Sail.
Steam.
new
crop, sail.
* Including; malt.
as follows
.
,
iU.
c.
comp 11-15
Monday. —99-31 9-32 comp
)i
Tuesday. —©9-3-' 9-33 comp
%
Wed'da' —©9-32 9-.32 comp
Ji
Steaci.
'A(s>y.
H®"".
9-33 c imp
B-3i comp
cp.
cp.
cp.
cp.
cp.
X
a
cp.
cp.
'A cp.
'A.
)i&^
Ji
^atii
}i®y.
hi cp.
x&a
:
c.
'4 cp.
X
c?
ATJO. 1
—
— JiTi
— %
— %
— JJ
Sail.
At^
comp.
comp.
comp.
comp.
comp.
comp.
OUcago...
Milwaukee
BREADSTUFFS.
Louis.
..
Total
1,
1ST8.
Corresp'ngweelt,'
•76..
flour
market opened the week dull and depressed, but
recovered tone on
Wednesday and Thursday, owing
to the less
hopeful character of the reports that were received regarding the
Considerable
prospects o( the maintenance of peace in Europe.
lines ot
$5 25
;
common
good shipping extras were sold at |5
to
but general trade remained dull, and the
lOfoi
medium and
Prodnction was large
belter grades ruled barely steady at best.
10,2:2
4,300
1,160
70O
r.,537
12,850
1,033,3^3
101,215
62.6:0
l,09-;,0!6
827,871
298,011
635,610
!,H3T,4lia
8-1,781
9,121,403
i,6r,!),6S9
5,53r.c83
6,180,711
The wheat market was
Wh°at,
freights
also
more or
were comparatively high.
depressed.
legs
at all
Under these
Foreig.i
Ocean
points.
influences, No.
and $1 26
$1 24 for N. Y. grade,
2 spring sold at
bush.
bbls.
^ot. Dec. 31toFeb2i 814,002
and receipts large
dull,
for
No. 2
;
last year, but the supplies direct to the seaboard are liberal,
embracing in the patt week increased quantities of Southern
yellow, which, when in good condition, was taken freely at 56@
To-day, old No. No. 2 sold at 59ic.
561c.
;
new do.,
,'56c.,
steatuer,
and No. 3, 51c.
Rye has been active at 71@72c. for No. 2 Western and 74@77c.
for Western and Canada, the latter delivered in bond
and Canada Bold to-day at 75^0., in store, in bond.
53c.,
;
Barley has sold only moderately, feeding stock declining to
50i@31c., and good malting two-rowed State to 63c. No. 1 Canada
Oats have been dull, with prices
slightly, and closed to-day stronger; No. 2 grad: d
gold to-day at private prices.
giving way
Belling at 35c. for
The foliowiDg
mixed and
35ic. for white.
are closing quotations
fjametimeU:!
Sime time
Same time
1876
1875
Flodb.
«
So.!
Or AID.
I
Wheat-No..3 8pring,bu8b$l
Superfine State & WestNo. 2 spring
1
ern
4 40B 4 93
No. 1 spring
1
3xtra State, Ac
5 102 5 25
Red Winter
1
Western Spring Wheat
Amber do
i
bbl. 42
GOi
3 85]
l
|
|
extras
5
fOa
dowinter X and XX..
do Minnesota patents..
6
60a
153
5 35
6 50:i B 75
5 SO® 6 tO
doXXaudXXX
City shipping extras.. ..
City trade and family
5
8 tO
6 15
White
|
Corn— Wesfn mixed
...
|
Rye
Oats— Mixed
White
-
.
flour, superflne
The movement
low*
:
40a 3 85
2 5C,a
. 2 85
3 lOa 3 15
Barley
3
,
Id
Malt— State
.
j
23
23
3i
37
jo
t9v
63 ij
70iJ
56
80®
00^
70@
6.53
...
Canadian
00®
63a
breadsluSsat this market has been as
1
1
a6,a
.
Eye
1
33a
brands
6 253 6 50
Southern bakers' and faBarley— Canada West...
mily Drands
6 t03 7 00
State, 2-rowtd
Southern shipp'g extras.
5 40."^ 5 S5
State, 4. rowed
Ojrnmeal— Western, ic.
Omd meal— Br'wine. Ac.
1
50Jl
a
Southern, yellow, new.
I
1
1363 143
Yellow Western, old
1
20a
s53
«0a
S2a
553
Peas— Canada.bond&free
1
1
1
76
f6
40
95
6i
7S
85
10
00
fol-
B.Q.IB.lsg
391,417
373,447
211,370
2i5,818
7,291,571
46.1,278
15.182,812 7,936, 1J4 2,413.234
13.0(^5.«I2 1,434,718 2,159,931
16,783 r,87 5,91r,.5H3 1,172,753
14,17.',;35 5017,458
9.0,560
WEEK ENDED
Corn
bush.
Oats,
bush.
1,510.2U
f,9J.599
1.185578
4,MS,0)9
I,1CI).614
2,232.46">
628,''t'5
1
5,588,960
3,217,325
1,367,072
1,.307,3 9
51!. 510
4:8,0; 2
899,647
4.719,128
Rye
Barley,
hush.
80i,080
SECKtPTS OF FLODR
bush.
175,652
125,887
121,259
!-2ii,104
AND GRAIN AT SEABOARD FORTS CC K THB
AND FRO.M DEC, 1 TO FEB, 23.
FEB, 23, 1878,
At—
NewTork
Wnea%
bufh.
bbls.
68.047
27.038
Boston
l,016,!-03
82,61
2 -1,1:00
300)
Portland..
K5utre.Hl
Puiladelphla
Bariey,
Rye,
Corn,
bush.
Oats,
bush.
227.760
2i9.i00
2,CC0
4;0
877.100
4:6.400
26 '.7 .52
81.341
59.716
1,030
116.829
27,000
3,500
2.i01
32,998
ieo
26,000
41,340
4,000
2,6C0
bush.
bush.
60e
NewOrleans
5,100
16,5)0
11,013
13.164
Total
166,902
l,S4:i,>31
1,511,902
23!,501
186,729
36,098
161,770
157.997
1,616,778
2,041,161
241,7-25
8:?.633
I,47.i,823
20-',
104
;91,182
90,681
52,532
8,364
1.852.101
1,127.'.30
16^,470
B-24,337
173,47-1
l,130.4r6
16 1574
335,920
45.078
32,680
Baltimore
Previous
week
Cor. week'77
Dec. 31 to Feb. 23.
Same time
Simetime
Siraetime
The
1877
1876
1876
VisiBi.K
.
1
43,600
93.500
1,925
.1,278,333 P.":1.5,05! 1.3,683.425
1,li25,9i'l
1.191,9 !5 :',»i64,''.79
1.113.65S 2,.Vil,-:77 11,316,1 9
1,2)6,852 2,431,680 9,202,763
5.3
'..953,419
2,(lS3,5',l
a,
Supply of Urain, comprising the stocks
in
granary at the principal points of accumulation at lake and
seaboard ports, and in transit by rail, Feb. 23, 1878, was as
follows
Wheat,
bush.
New
York .
1,139.621
In store at
3.800
...
En store at Albany.
533,628
In stole at Buffalo
in store at Chicago and afloat. 1,5^1.617
723,61,4
[[1 store at Milwaukee
6!i,391
[n store at Dninth
31 i.OOl
In store at Toledo
33.5,941
In store at Detroit
I00,u01
Instore at Oswego
138,280
[u store at St. Louis
53,667
in store at Boston
480 634
in store at Toronto
396,-2!-6
In store at Montreal
1M.(,92
In store at Philadelphia
2,r05
In store at Peoria
12,0,0
In store at Indianapolis
Kansas
City,
9th.
62,873
In store at
421.651
In store at Baltimore
758,713
Rail shipraoutp, week
550,060
Est. afloat iu N^w York
.
Total
:
2.770.655 1.41 -.26)
1,%1.725 1,014,816
2,49>),8i7 1,415,093
2,451,290
b52,7i5
73ii.42l
501.li81
7.701.155
Flour.
Milwaukee, No. I spring at $1 28i@l 29, No. 1 red winter at
$1 36, and choice white State and Michigan at .$1 41@l 41^.
But there was a considerable revival of demand yesterday, Tvith
liberal sales of No. 2 Milwaukee at .$1 27, in store aud ail lat.
No. 1 spring at $1 30@1 32, and choice white at .$1 42i@l 43
also. No. 2 spring, N. Y. grade, for March, at $1 2.5@1 2dJ,
against $1 23i@l 24 early in the week. The close, however, was
rather spiritless. To-day, there was a good bu-iness in No. 3
spring at |1 25i@l 26 for Chicago, and $1 27i@l 28 Tjr Milwaukee, and the whole market was strong.
Indian corn has been irregular. The better grades deoUned,
No. 2 mixed new celling on the spot at 56@56ic., and No. 3
advancing to SlgSl^c, with steamer mixed gsing at 52^@53Ac.
Speculative sales for March were at about spot prices, but for May
i@lc. more money was paid. Yesterday's figures showed some recovery. Receipts at the Western markets are much smaller than
28,686
36,S41
35,259
60,.',01
BHIPMEKTS OF FLOUR AND GRAIN FROM WESTERN LAKE AND
RIVER PORTS FKOM DEC. 31 TO FEB. 23.
Flour,
markets were
1S6,973
153,191
1,4S0,«66
7,«67.39>
9,202,29J
to Feb.23. 3,641. '.23 62.606,751 42,647.01)8
1377. .. .8,262,425 32,O'i4,702 47,852.191
2,89;,26'i 13,«34,8S3 S8,-<83.5U
1876
3,187,601 40,711,150 25,<i51,280
1875
To-day, the market was firm and fairly active.
at all points.
35,319
105.596
rot. Dec. 31 to Feb.23. 868,731
639,«1
Same time 1877
703,02 i
Same time 1876
633,621
»ametimel-7t
Tot.Aug. I
Same time
Same time
Same time
Rye.
bush.
»S,5i8
920
4,811
l,f35
17,533
3,4C0
Previoasweek.
The
Barley,
bush.
(48 lbs.) (66 Ihg.)
(196 lbs.)
34,68i:
Toledo.,
Detroit
Cleveland
Peoria..
P. M.. Slarch.
38.
bb.B.
c.
— %
TO FEB.
Flour,
St.
Friday.
AND RIVER PORTS FOR THE WKBK KNDIKS
FROM DECEMBER 31 TO FEB. -3, AND FROM
8KCK1PT8 AT LAKE
FEB. 23, 1878,
Steam.
Sail.
c.
c.
cp.
.
1:
of
^Hambar?-
,
)f
.
ment
delivery, 6 l-32d.
— Havre. — —Bremen. —
Steam.
.
tables show the Grain in sii;ht and the moveBreadstuSs to the latest mail dates:
The following
deliverj", 5 31-32d.
week have been
,
d.
—@9-3J
crop, sail,
June-July delivery, 6 l-32d.
Jan. shipment, new crop, sail, 6d.
May-June
—W-ii
new
6 l-16d.
3-&2d.
*l;4,T12»l,n54.1ti2
10l,3il
i9.',281
Oats..,
6 l-o2d.
Mar.-Apr. Bhipment,
1-lfid.
Jan. Bhipment, nt;w crop,
Thar'dy..
Friday...
2,Hf.O
Wneat, bus l,03*.S5O
" . 218,617
Corn,
"
4S,2e8
Rye,
Barley
Feb. -War. shipment,
5 Sl-32d.
Mar.-.Apr. deliveiy. 5 31-3 d.
Apr.-May delivery, 6d.
May--June delivery, ti l-32d.
d.
6S,122
.
.
Mar. delivery,
-eu^
-,
week.
Floor, bblB.
C. meal, "
l-16d.
Bail, 6
Friday.
July-Aug. delivery, G
KXPOBTS FBOM SSW TOBK.
NEW rORK.
For the
l-'.6d.
Mar.-Apr. delivery, 6d.
Jane-,Iuly delivery, 6
XXVI.
18'8.
.
l-l(jd.
June-July delivery. 6 3-33d.
Feb.-Mar. ehipraent, sail. 6
Mar.- pr. 8tiipment, Bail, 6
Jan. ehipment, new crop,
@l-3?d.
^
I
fVoL.
BECSIFTS AT
Tbdksdat.
Feb. delivery, 6d.
Mar.-Apr. deli' ery, r@5 Cl-32d.
Saturday.
.
18-8
1878
3. 1878
26, 1878
.Jan. 19,1378
.Inn. 1-2, 1878
Feb. 24, 1877
Feb.
Feb.
Feb.
Jan.
.
16.
9,
.
8,595,422
9.886.489
9,691,292
Corn,
hush.
bu.-h.
1,245.434
K 2,9J0
E4.9C0
411,561
19,321
314,'66d
iii.'.i'd
8.410
186.000
215,833
253,883
650
124,869
647,363
31,471
47,703
67.812
177,905
166.281
710,897
4r6,061
27,595
169,546
114,815
8'i,30a
4',66b
86.411
22,100
48,376
125,466
12,715
350.000
61,607
13,340
201.452
44,916
10.6-28
10,121
400
10,000
18,905
3,2S3
I'.iU
l',663
22i9B8
3.767
583,579
315,000
234!8:i
410,090
7,%r23
4u0,0[0
2r,i57
5,5-27,811
2,913,793
,3,115,211
6(8,611
4,635,817
2,991.715
3,897.716
.3.736.914
719,812
786,-296
3,85I,7<.4
4.131,176
4,4(8,155
3.476.173
4.62-2,6:0
3,-27-',2t6
4.510,812
4,422.876
3,087
743,7.52
.
.10,190,018
9.280,569
£,817.133
6,629,670
5,663.730
9,918,.349
.10.-26S,974
693,^55
135,010
661
8,254
2,137
6.10:1,408
6,f,63,3l3
.
Barley,
Rye,
bush.
bush.
Oats,
675,4-W
14.400
212,53)
911,311
4,197
.10,823,12111,470,713
3,096.347
2,623,991
3,385,a3
781.779
751,;92
531,410
716.897
968,899
THB DRY a-00D3 TRADE.
Fkidat. p. M.. March
1,
1678.
During the past week business has been light and uusatisfactory with the package houses, and the jobbing trade exhibited
There was a break in the
less improvement than was expected.
print market which had a depressing influence upon ether makes
of cotion goode, and buyers were exceedingly cautious in their
operations, which were mostly of a hand-to-moutU character.
Men's-wear woolens continued dull, and prices of light-weight
«
March
2,
more
THE cHRornor.R
1878.]
cassimures had a
downward tendency,
which were
makci>,
aside from a few popular
Imported goods were rather
fairly steady.
and coneiderable quantities of dri^ss
and Hamburg embroideries were disposed
active in private hands,
silks, luiUiuery goodi",
of
at auction to fair
ad vantage.
—
Domestic Cotton Goods. The exports of cotton goods from
this port for the week ending February 26 reached 3,230 packages, the more important shipments having been made as follows:
United States of Colomliia, 230
Brazil,
Great Britain, 81 British Guiana, 48;
08; Hritisli Australia, 83
Danish West I dies, 41, etc. Brown sheetings and dtills were
in light demand but fairly steady In prico, and bleached cottons
continued dull and unsettled. Deniius, ticking!), dyed ducku and
corset jeans were in fair request for moderate selections, apd
leading makes ruled firm. Cottonades were fairly active and
desirable styles of cheviots found a good many buyers. Grain
bags, carpet warps and cotton yarns were severally in light
demacd. Piques were sold to a considerable auount, but prices
were somewhat lower. Print cloths continued quiet and a shade
easier, on the basis of die, cash, for extra GixGls, and 3^c., 30
days, for oOx'IOs. Prints were unsettled by a br-ealc in such makes
as Uamilton, Knickerbocker, Richmond, Dunneli's, Washington,
Southbridge, Allen's, American, etc., which were redaced to the
remarkably low price of SJc. without, however, giving much
dmpetua to the movement in calicoes. Oicghams and cotton dress
goods were in fair request for moderate selections.
Domestic Woolen Goods. There was continued depression
in the woolen goods market, and transactions were conspicuously
light in the aggregate amount.
Some fair sales of light-weight
cassimerea were reported, but at prices which barely covered the
cost of production, and worsted coatings were lightly dealt in.
Cloths and doeskins were taken in small lo's for the renewal of
assortments, and prices were fairly steady. Kentucky jeans were
distributed in small lots to a fair aggregate, but satinets ruled
qniet, and tweeds were not in much demand.
Matelasse and
fancy cloakings met with moderate sales at rather low figures.
Worsted dress goods were less active than expected, aid there
was only a moderate movement In worsted and Shet'and shawls.
Italian cloths and worsted serge linings were in fair request.
Foreign Dry Goods.— Dress tilks have been rather more
active, and choice styles of millineiy silks and satins were more
freely taken.
Cashmeres wore in steady request, and fancy
dress goods, grenadines, &c., received more attention from intending buyers. Licen goods ruled quiet in first hands, and white
goods were in irregular demand but Hamburg embroideries continued fairly active. Jlen's-wear woolens moved slowly, but
cloakings were disposed of to a fair amount. The auction rooms
were well attended, and about 3,000 pieces of black, colored and
fancy silks were disposed of through their medium at fully aa
good prices as could have been realized at private sale. The
sales of millinery goods also resulted satisfactorily, and large
lines of Hambnrg embroideries were placed at fair pric;B.
Chini,
2,.j01
:
packa^fes
BxporiK
223
Now
Leading Artlt;lu« I'rom
York.
table, compiled Irom Custom duuae retama,
shows the exports of leading articles from the portof New Tort
to all the principal foreign countries since Jan. 1. 1878, thi
totals for the last week, and also the totals since Jan. 1, ISIf
and 1877. The last two lines show totai valuet, including lh<
value of all other articles besides those raentioned In the table.
>!'
The loUowiug
-^
3 — 95
« *^ 50
•;»
y.
>;
^—
"_ o iM a
-0 ao
-*
«
i
—
a>^
S^g
:|2
;
;
3*3
a WSQ 9) d
;
;
•
-- 0.
<
^
^
c»
aQ§22
« Co
I-
.
.
v4
'35
•
:
.
•
•
S
cnxiio^
00 95 ""
"^
-to*:;
„
n
•
&t
oS
<
,
:e?2
—
;
S
:
:«
;
i
.
Orii^
'in rr tt-
1
- *1
S33
•J
:
:
u
E'i
"0
-_ .So
:
rt r-
•
O
.
_,
-
;ot-^oq-
.oo
IK
SoA^
.—
•
•1
to
.*'«i'*-wmoo»-<M«rr-"*o
00
«ri
:
•
.!0
.
.'!ta*
-^c
« O O aj -f o» f»
ao^- ^^io
.— •O'^Q
O O 90
•m
.r-t
2S
|m6
t-o^t-o
^r
o
a
-"S
oj w
...ng ;S^
'
iri
,
•
:
:
•
:
.
Importntlo)!* or Drr Goods.
!§''
The Importations
Feb. 28,
lis78,
ol dry goods at this port for the week ending
and for the corresponding weeks of 1877 and
13T6, have been as follows
HTSnED rOR
187>i
,
Pkgs. Valno.
HinafacioreBOf wool
;,1J7
fS-io.Tl"
cotton. .l,«7
do
338,001
do
do
•ilk
flax
U scellaocoaa izj goods.
Totsl
WBBK
silk
llai
9iO
lU.iii
m
256,181
:,iiio
456
I.38,6iil
4(19
17i,Ui
4,(537
|1,80!,137
1,437
Pkes
02!)
Ml
r(i2
$JS9 iM
COJ
«I5
18",9i4
299,895
5.il
1)8 412
44,SI4
Miaeellaneoas dry goods.
2.'t:3
Tout
Add oDt'd for coaeampt'D
4.67.)
11,52.766
S,C44
l,')tiO,U9
^,
do
do
do
cotton..
4;o
275
»7
4tl
a.115
4.057
8276 88i
360
.',72
161.301
185,817
131,60!
67,257
116
101
1V3
flax
673
m'.scellaneonedrj goodB.4,s:2
Total...
AddeDt'dforconsampt'D
6.858
S,i4l
•;
i
:
i
4.i5,Sfll
SOi.Olli
;.«
5S5.6.31
2-3,ii5i
5,118
i45,l>,9
DITBINS IHt
422
25!i
80,18s
!I7,!)27
18i
!4:).S3o
93,159
62,691
490
l,5il
101.96s
tO,30j
2,S31
9,717
I,')i9,964
164
1
4;5
278
8%s97
t>U
T7,9t2
51,081
as
8.422
8'.7
1.331,535
1,S91,I37
1,960,149
Total enterad at the port.ll,90J|2,7T3,0U
8,4'>7
B,46«
$8,132,672
2,313
:e8
-fM
>
i
-
i>_
•
I-
-•a
:
§
:i|§| J?3
»S
;S?1
34
od'
I3SS3
tft ••
— b- -^
.h-
o
f 2,492,5 Ij
121
44.(i2l
:
I;i72,5l7
16.6.V)
"
»812i895
j:6.3,2!o
86,3)1
t 130,511
;a3 :59
OS
9,:3r Sl,ril!>,35i
r 16.3.3 16
76826
J494.1 19
*
:
:
Valne.
1,382
2,2il
6(5
Bilk
;;;:::
$108. J0>
43!i.-ia3
ToUlthrownnponm'k't. 9,723 $3,8I2,P15 8.172 $!,293,285 ll,t83
BKTSBBD FOB WABBHODSIIia DDBIHS SAKB PBBIOD.
Manafactarea of wool
j:
eo
8AXB FIBIOD.
cotton..
I
§2
WtTHSaATM FBOK WASEQOOSB AMD TBKOWH ISTO TBB MAUKBT
do
do
do
oea
BtmiKfl FSB. 88, 13:8.
-1S77
,
Pkei!.
Valne.
l,-333
5,041 JI,%),1I9
MaDofsctaretof wool
S3
fO
? -t
:
OONSnilPTtOH »oa THB
.
-'
Jl 17,861
r0.8-:8
i,T«
»ISI.20«
9,737
1,9I9,»«4
13,472 $2,351,irS
:4
ITiiiinit!:
-
s
E-i
—
THE CHRONICLE.
224
UGNEBAK,
GUNNIKS.—See report under
North River sMoDlug
HBMP AND
J U IB—
American dressed
JLSHKB»
Pot.Crstscrt
i}i»
0>.
B KBADSTU FTS— Bee special report.
BUILDINO MATERIALS—
A*fcA;«— Common hard. afloat. .)) M
Italian
Philadelphia
V
C«?ne7i(— li'>8eiidttie
irfme— Rockland, common
Rockland. flnUhlne
—
115
bbl.
bbl.
^
1
80
1
M
It. 45 00
Plne.g'dto ei.dry.*
18 00
Pine, shloplDK. box
do tally boards, com.to g''l,«ach.
25
Oak
* M.lt. 3> 00
ABh.gool
Black w.ilnut
6prace boards & planke, each
Hemlock boards each
*i M. ft.
Maple
ifote— lOatOd.ctm.fen.S sh.* keg
Clinch,
IH
22
Iti
SO 00
4 25
V
28
13
35 00
2 60
5 <j
4 85
2
m
Cutsplkes,allBlze8
/a(n(«— Ld..wh.Am.Dure. In oil
Load, wn. Amer., pure dry
Elnc, wh.,Amer. dry. No. 1
Zinc, wh.. Anier.,No.i,ln oil
00
@100 00
30 00
Sln.&longer
to
a
a
a
a
a
a
00
3.1
.
SdQne
American undressed
d 6 25
& Vm
a 27 00
a ii
a ...
a 00
a TO 00
a zi 00
a :s
a 40 ou
3s
2 50
7 00
23 00
8«a
ft
8
6
,
5
e
Paris white. Er.t., Bold....* 100 n.
BnTTKR—JVew— (Wholesale
10
1
Prices)—
Dairies. paUs.g'c' to choice State
West'n fact'y, tuba, g'd to ch'oe
H'l firk.,tuh8,State,fr to prime
Welsh tubs. State, com. to p'me
23
Vtti.
"
"
"
i;
20
13
QoKKSR
State factory, fair to choice
V lb
Western factory, good to prime.. "
a
a
a
a
1
a
a
a
20
2;
24
:•-'«
12S
00a
00
12 50a '3 00
-will show prices at
11
last auction or preseut schedule rates
0.&H. P.*R. L.
Fei.n.
Sched.
Sciied.
Auction.
Sched.
4W.
D.L&W.
Weehawken.
St'mb.. *3 25
Grate...
Kgg ...
Btove...
Ch'nut..
3 25
3 85
8 75
3
Keh.
"Weehaw-
'.i;.
Uobokeu.
07H@3 UK
3 o;i<
®3
8 15
UK
Johnst'n.
25
23
3)
\o
50
»3
3
3
a
3
3 55
3 00
W
Port
ken.
$1
3 2-1
S 25
3 35
3 75
3 25
...
CjKKliKord. car.60and90dayB.gld.ifiib
gold. "
gold. •*
gold. •'
gold. "
gold. "
"
gold.
"
gold.
gold. "
'*
gold
Lagu-iyra
gold. "
St. iJoraingo
Bavanllta
gold. *'
**
Costa Rica
gold.
ii.Ka
tJlo,
do
do fair,
do
do good,
do prime, do
Java, mats
NatlveOeylon
Mexican
Jamaica
Maracalbo
COPPKK—
Sheathing, new Coverl2 ozj
Braziers' Cover 16 oz.)
16)4
....a
16V
17K
...
21
17
a
a
16
«
16
a
19
19X
28
26
ii
....a
...
a
lb
17H
"
"
"
silver...
•'
••
tartar, powdered
Cnbebs, Kastlndla
Catch
Cream
SO
S 85
19 CO
5C
50
cor.
Ginseng
-cnr.
1 •.2
17
iia
a
a
a
a
a
1
English. Vlk.cur.
1
7
a
a
perSOIb.lrall
Layer, new
Loose, new
1
25"
18
27"
21
2S
7K
i'A
2
50
2 90
SO
I
1
15
25
I 75
1»
do
«
a
70
a
a
a
DXa
:iSa
4}<a
8
Canton Glnger.wh.&hf. pots.* case.
Asrdlnes, * half box
^srdlnes, * quarter box
MacnronI, Italian
Domestic Drted-^
Apples, Southern, slice]..
quarters
do
do
state, sliced, new
do
quarters.
1
3 60
1 65
90
1
14VO
«
French
do
5 fO
^t 22 00
(j 20 00
10 00
15 00
i\Q
-
/la'cs
Figs, layer
do
a
....t
1
new
*
lb
V
lb
» 50
20
IS
a
a
a
a
Mntamoraa.
10
17
U
SOU
1?"
5Va
®
CXa
7
Peache8,pared,iia.g'Jio(h'cefnew)
unparei. nalvp- and qrs...
do
Blackberries, bags an I bbls. (new).
Raspberries
Cherries, dry mixed and new wet...
4
6
a
a
SX9
9
2!
Pmms.State
12
15
>f)iorUeberrlea...,
11
a
a
o
a
a
6V4<
7
5
6K
a
Para,
18H»
**
19
19
16
"
•'
"
do....
"
do
California,
cnr.
do
Texas,
A. /.sloe*- Cal. klps.slaught. gold
"
Calcuttaklps.deadgreen...
HOPSNew Torks
a
a
a
8
5
5
1
82
37
!5
33
St
36
84
Panama strip
.
Honduras, sheet
S3
ton
13 00
17 00
16 vo
33 50
»«
®
&
®
®
&
13
10
a
8
8
14
a
®
9
a
e
46
a
®
&
85
a
a
a
a
19 CO
13 00
17 CO
26 00
a
130 00
132 50
* lb. 2 6-lOa
5
to 1&'.J^X.134'.4 "
5
2 ,'-10
&
American
Steel rails, American
LEADOrdlnary foreign
Domestic, c( mmon
Bar (discount, 10 p.
••
••
Sheet
@
gold.*lb
iiij^ia
11
4
treble, com.
3M3
* ton, cur 83 00
36 CO
45 00 a 47 00
V
a
37xa
6 40
3 f7H
6
car.
*
c.)
lb.
Hemlock.Buen,
A'res, h.,m.&I.*lb,
California, h., in.& 1
common hide, h., m. &1....
rough..
"
20
20
20
26
26
27
25
Slaughter crop
Oak. rough
Texas, crop
22
21
21
28
29
81
28
*
Cuba, clayed
@
a
gal
"
Mns.,refln.gr'd8,50 test.
grocery grades.
"
**
prime
Noiniui-J.
26
* bbL
low No. 2 to good No. 2
low pale to extra pale..
wlndowglass
a
40
3
2 3:)<
10
5
10
23
le
16
U
Almonds, Jordan shelled
83
2 25'
a
a
a
162^9
2 50
^
5 10 a
155
1
'*
•*
*•
*
75
S 10
1 70
4 25
1!
i.0
a
5va
a
a
e
a
Fu
8i
S6
...
*
gar..
a
a
a
«i
®
®
10
4
3 50
8 00
3 6J
•'
"
14
gold.
3 75
"
"
••
*
;5
66
it
ss
...a
.
Brandy, foreign brands
Rura—Jara.,4th proof
St. Croix, 3d proof
nin
Whiskey, Scot-^h
do
Irish
Domestic liquors —
Alcohol
3 60
77 00
"
00
3
00
3 25
4
4
(10
3 90
2 03
2 02
03
gall.
I
ma
a
1
"
dellv. In N..Y....
3
more
14H»
Prices.
English, cast,2d&lst quality *llgold
English, sprlng,2d & istquallty.. *'
English blister, 2d&l8tquallty.. "
"
EnellBli machinery
English German, 2d & 1st quality "
American blister
cur.
ess
6V
a
9
14
lOK
9)4®
loxa
American cast. Tool
American cast spring
American machinery
American (jermac spring
SUGAUItif erior
F
to
Ir
Good
16
common rcflning... ^ "lb
:....
.
"
refining
Prime
*'
Porto Rico, relln fair to prime '*
"
Boxes, c'ayed, Nos. 10@12
"
Ce-itrifugal, ^os. 7@13
.
'%<it
3
i%
n<
"
"
off
A
Willie extraC
'.«
->,ia.
y
7«
s«a
9V
a
9!<a
m
8K9
9
i%d>
sv
fc>,a
bS»
"
"
"
W%i
•'
"
Extra C do
Tellow C.
OtherYeliow
7\a
7Ha
®
*%
S
7
7',
....«»
17 X
••
"
"
Molasses sugars
%
'>i
<>\(A
10
"
A. etaodard
'fi
7V
a
•
do gi-anulatel
do cut loaf
(%
«X4
"
Hard, powdered
do
%
"
Brazil. No8.9®l!
Jl''/lned— Kurd, crushed
Coll'ee,
6va
7X«
7>id
..
9
1)««
-%»
"
Melado
.
Flllierts, Sicily
Walnuts, Naples
Pecan
OAKUM—Navy ,U.8. Navy & best * ».
OIL C4KK—
IIX
*
gal
"^
1
"
Menhaden, crude Sound
Neatstoot, Ko. 1 to extra
Whale, bleached winter
Whale, crude Northern
'
Sperm crude
"
Sporm, bleached winter
Lard oil, Nos. 1 and 2
•*
41
05
1
43
60
"
"
,
.
00
"
Crude, In bulk
Cases
Refined
Naphtha, City, bbls
*
1
I
50
PETBOLEnM-
a
"
"
16
21
,.,.
:s
83
do
do
Ex.Qneto
do
Choicest
to fair
Imperial. Com. to lair
Sun. to fine
(io
fair.
UH
7
S0UC.& Cong.. Com.
*bbl.
10 90
a
...
(a
'*
s&
"
®
•*
*'
"
Beef liains.Weatfrn
Bacon, City long clear
*
\i
16
Ot}
(as
L'O
a
17 JO
12 50
16 50
lb
Hams. smoked
••
Lard, City steam
'•
8}iii
s
...
7-55
KICE—
Carolina, fair to prime
Lonisiana, lair to prime
*lb.
a
"
bond
—
*
Tnrk'slsland
Bt.Martm
bnsta.
Liverpool Ashton's fine
Vsack.
Clover, Western
Clover, New Tork State
* ».
BEEDS-
*
Timothy
Canary, Smyrna
Dnata.
Canary, Sicily
Canary, Duich
Hemp,
foreign
Flaxseed, American, rough. .r
Linseed, Calcutta
* 56 A*, gold
*5lft
gjld
25
30
1
10
a
a
a
26
35
2 50
1
a
7S
7K@
25 a 14i^
1
60
7
®
@
@
a
@
(^
a
65
I 25
1
1
8(1
^0
1 50
2 10
1
IS
20
S5
85
10
27
£1*
10
a
40
*»
.
73
70
13
Manufac'd.ln bond, black w«rk
•
" bright work
* lb
unwashed
Burry
South Am, Merlnc, unwashed
Cape Good Hope, unwashed
Texas, fine. Eastern
Texas, medium. Eastern
FREIGHTSCotton
Flour
— BTKAM. —
*
* ».
bbl.
Heavy eoods. .* ton.
Corn.b'lk&bgs. *l>n.
Wheat, bi^lk& bags..
* tee.
Beet
»bbl
Porlc
«. d.
...
5 9
35
9
9
s.
a
rt.
9-32
@...
ii45
e. ...
e....
.0
a
5
e....
4,1
*'
56
87
25
17
17
S2
82
25
25
a
a
a
23
:s
IS
gold.
,
ToLivbbpool:
a
a
a
a
w
20 a
IB a
II
a
la w
m a
28 a
Extra, Pulled
10
24
45
35
i2
45
39
IS
2
Smyrna. unwashed
1
20
WOOL-
Amerlcan S X
American, Nos. 1 &
American, Combing
17
82 1{
9
Inler;or
...,a
4(1
f-T
a
a
®
leaf.
Seed leaf— New Eng.wrappers*7il-*76
nilort, "TJ-'IS
do
Superior,
Fair
...a
*'
,
;5
S3
55
60
EO
43
60
9i
27
45
69
21
so
No.l, Pulled
California. Spring Clip-
5;^>i
6
'*
®
a
a
a
a
a
a
a
a
a
a
to
7^
!«
<0
55
75
42
oo
assorted lots, '73- "76
Tara, assorted
Havana, com. to fine
;
26
S5
45
a
a
a
a
a
a
a
a
a
«
2C
28
£3
24
fine
heavy
lues,
12X
Nominal.
/..
to fair
Sup'rto
Rr.fl DP to finest
Choicest
Kentucky
6
la
19
Kx. ftnetofliiest..
do
Uncolored Japan, Com. to lair
Sup'rtotine
CO
Bx.flnetoQnesl
do
Oolong, Common to talr»«««
do Superior toflne
do Kx fine to finest
do Choicect
TOBACCO-
50
a
a
20
28
45
75
21
88
50
80
22
30
45
17
finest
Sup. to fine
do
do Ex. fine to finest
do Choicest
do
do
do
5
Nominal,
Choicest
17H
6Va
a
lb
Pft.
Pork, mess, spot
Pork, extra prune
Pork, prime mesp. West..
Biiel, family mess
Beef.extra mess, new
Bombay
cur. ^
:4K
H'A
UVt't.
d. 5 .^7Hla
h7Hi^
~"
5 73
younCE Hyson, Com. to fair
Super. to flue
do
2,-)
7«
Id
fi»
"
45
10
62
44
90
65
60
05
PROVIBIOHS-
Patna, au^y paid
liyaon.CommoH to talr
do Superior to fli»e
do Kxtraftne toflueBt
58
7^a
gnl.
K*bxg
"
rto
6;
**
"MS
Extra fine to flneBl
do
HyBon Sktn.A Twan.-com. to
Sup. to fine
do
do
OILS—
Olive, in casks* gall
Linseed, casks and bbls
....KOld.?»lb
,
10
City, thin oblong, bags, gold. * ton. S5 00
Western, thin oblohg (Dom.) cur " 80 00
Cotton seed, crude
BancR
BtraltB
EngllBti .refined..
Plates.I. C, coke
4>,
8«a
:
•*
Bunpowder.com
n&®
11 ®
5 ®
4
3.
!»
TIN—
5 50
lb.
Brazil
Llueeed
21
VO
6!4a
SPIRITS—
whlskov.
Brandy (Cal.)
12«
....a
....a
....a
Cassia, ClilnaLlgnca
Plates.char.terne
2 25
2 37X3
2 12>48
••
"
Pitch, city
Spirits turpentine
* gftl.
Rosin, strained to good strd.* bDl.
•'
low No. 1 to good No. 1 '*
In
gold
lb,
Out-of-town
Nominal.
"
to
•'
Tar, Washington
Tar, Wilmington
Rangoon.
*
Primecltv
....a
Nomliial.'
'*
NAVAL STORES-
••
6 ro
5 62X
J
5 37>i
TALLOW—
MOLASSES—
Demerara
Porto Rico
N. O., com.
Pepper, Batavla
do
Slnnapore
do
white
6V
LEATHEK"
cur.
Manila, sup, and ex. sup
Batavla. Nos. I'.'(sl2
100 lbs, gold «
a
100 lb. gold.
common
STEEL-
more Prices.
Bar, Swedes, ordinary sizes..* ton
Hoop, Xx.No.22
Sheet, Kussia
Sheet, single. double
Foreign
Domestic,
Cloves
do stems
a
a
....
8PICES-
Mare
Nutmegs, Batavla and Penang
Pimento, Jamaica
a
a
5 50
a
....
11
I6K
...
23
5
SPELTER—
S
9
9
9
Para, coarse to flue
Ksmaralda, prefcsed, strip.
Guayaquil, p' eased, strip..
a
a
do
Batavla
Ginger, African
do Calcutta
INDIA KaBBER-
Scroll
3U}i
5 75
S UU
5 37>4@
10
12
*
6 00
Usual reel Tsatlcss
Usual reel Tavsaams
Re-reeled Tsatlees
Re-reeled Cotngoun
vau
11
IROI1-Pig, American, No. 1
Pig, American, t, 0.2
Pig, American, Forge
Pig, Scotch
1»>S
1»>>
12X9
(choice export)
Carlhagena. nressel
Nicaragua, sheet
Nicaragua, scrap
Mexican, shf-et
19>4
19
a
i:
"
Calcutta, buffalo
a
19
"
8ALT-
12}i®
5
00
00
6,275 00
•'
"
do ..
Ay, selected
,
aw
®1S5
a210
00
00
NUTS—
8V
3X
a
62>sa
Gr'd Bk.ft Oeorge's (new) cod.* qtl. 8 25
pr.bbl. IS 00
l(ackerel,No.!,vi. shore
Mackerel, No. 1. Bay.. .
9 50
Mackerel, No. 2 Mass. shore
12 50
Mackerel, No. 2, Bay
Currants, ucw
Citron, new
Prunes, Turkish (new)
California.
H'«(Sai(«<i— Bnen.
••
a
a
.«
50 a
12^8
17 a
do....
do....
do....
do....
Bio Grande,
Orinoco,
••
FISH—
Valencia,
Corrlentes,
58
eiHS
sa
43
00
1CK»
per lOOlb.gold
•
"
Nitrate soda
SILK-
m
20
l\a
3
«b215 00
il
2 K
.50
ifi
"
00
70
4),a
4
a
a
i>ry— Buenos Ayres,selected.*lbgeld 20t{«
"
do....
Montevideo,
20 a
Rails,
* B,
Crude
65
HIDBS-
IS
a
a
a
6Xa
5 a
22 a
cur.
Shell Lac, 2d&
l? lOO lb. gold
Soda ash
Sugar of lead, white, prime,* Ibcur
"
Vitriol, blue. common
1
26
25
Oil vitriol f66 Brimstone)
Kaabarb, China, good to pr.... *'
3sl soda, Newcastle..* 100 B>, gold
OO
SJX»
"
"
Opium, Turkey ....(In bond), gold.
Prasslatc potash, yellow. Am. .cnr.
gold.
Qilcksllver
cur.
Quinine
4
Sifa
5)<a
!;«»
'•
Glycerine, American pure
'
Jalap
"
Ucorlce paste, Calabria
**
Licorice paste, Sicily
Licorice paste, Spanish, solid., .gold
Madder, Dutch
Madder, French. E.X.F.F
Nutgftlls.blue \leppo
2K
25xe
"
"
19
53
27^8
gold.
Gambler
do
do
do
Jute
"
do
do
Barbadoes
2%^
cur.
refined
Kalslas, Seedless.
"
Cuba,
CastoroU.B.I.lnbond. VgaL.goId.
Caustic soda
* 100 lb •'
1st
18K
15
16«»
gold.
Argols, crude
17
(H
*•
Argols.reaned
22Ha
"
Arsenic, powdered
ij^ij
Bicarb. soda, Ne\fcastle.^ 1001b "
8 87^3
* lb cur.
1^
Bl chro. potash
Q
1 40
Bleaching powdpr
V 100 lb. "
a
Brimstone. 2n 's & Srds.per ton.gold.24 03 6
Vlb..cur.
3 a
Brimstone, Am. roll
Cochineal, Honduras,
Cochineal. Meilcan
18
17
19
...a
I.JJS
COTTON— See special report.
D=5lIliS & DYKS—
Alum, lump. Am
V
Clilorate potash
18,.<
l4J<a
American Ingot. Lake
Camphor
23
8
16K@
15K4
ifsa
* B.
Bolts
14V
a
...
Sisal
Calif ornlans (lor.ilual)
a
10
Manila
31
COALLlrerpoolgac cannel
Liverpool house cannel
AHTHBACiTH— The followlng
ton.
»
10H9
10
*
do
good to prime (nom.)..
Eastern
Wlaconsln
Olds, all growths
9
B
100
175
130
gold. 206
" 270
,-.*II> "
Bussla.clean
Croton
SALTPETRE-
Cotton.
*
XXVI.
[Vol.
Reflned,pure
HAY-
CURKENT
PRICES
Lumbet
.
.
16
SAIL.
,
».
d.
,
«. <i.
r...,@9-32cp.
23
2! 6
7
a
a
a
8 a
56»
39
t
....
30
....
....
....
....
March
THE CHROMCI>F
3. ISTO.]
Financial.
Oommeroial Oarda.
Financial.
&
R. A. Lancaster
Co.,
&
Grant
BANKERS AND BROKERS,
06 Broadway, Nevr York.
tOUTlUtRN AND MlSCKLLANtOUB BKCUKIT1S8
Company,
BANKERS AND BliOKEBS,
WALL STREET.
No. 33
TKAN8ACT A OBNEICAL BANKING B(l SINKS
AND KAILKOAU SKCUHITUB STOCKS BOnOHT AND SOLD ON COMMISSION
A Specialty.
INTEREST ALLOWED ON DEPOSITS.
Laanii Negotiated.
WaLBTON
BEOWS.
n.
PR ED,
A.
BROW.
^. 8PTT*Aif
E.
Walstcm H. Brown &Bro.
AND SHIP AGENTS.
Canton, Amoy, Foochoir,
Sbanslial and Hankonr, Ctilna.
W. A. XTAKS.
DEALERS
Room
IN STOCKS,
and 34 New Street,
NEW i'OKK.
Brooklyn
Court of vlie State of N'ew York.
KAIiMKU^' LO VN & TiUTST COMPANY,
-THK
plaintiff. aK'Uiist THK EHIK RAILWAY COMPANY
aNu OTIIKUS. defmulaiita.— By virtue of and pur-
I
bny and
sell
cent margin.
$100
EquHy-llclwui n .JOII.N G. STKVE.NS and othcis,
Tru>»t*-e.*, Complainants, ugalnst the NEW YORK &
OSWEUl) MIDLAND KAILUOAD COMPANY, and
others, Defendants.
Notice Is hereby given that the sale ot the property
of the defendant, •• the New York i. Oswego .Midland
Railroad Company, " heretofore advertlned to take
place on Friday, the nth duv of .lanu:\ry, A. I).
!«8, at a noon of that day, at tlie Wlcklmm Ave
nne Depot of said railroad company, in .Middlctown,
In the County of Orange, and stale of .New York.
has heen furtlier adjourned to FRIDAY, the '5X11
DAY OF M.il.CII.A. D. 18.8, at the same time and
AI.ZXAXDKR
^
.January
& GbKKX,
O.
WHITE,
Master.
Complainants' Solicitors.
iSO
Broadway,
Now
LOUIS CITY
A?a»
dc
Foocliow *
/k
Co.. of China,
Wall
!«t..
New
York.
John Dwight
&
Co.j
MANUFACTLTRERS OK
OF
SODA.
New
Ao. 11 Old Slip,
Vorh.
rhe,ioooine Trade ONLY Supplied
E. R.Mudge,Sawyer&Co
'j
i
!
•
YORK AND HAVRE.
Calling at Plymouth for the landing of Passengers.
The epleLdid vessels on this favorite route, for the
Contlnbct—cabins provided with electric bells— will
sail from Pier No. 50 North River, foot of Morton St.,
as follows:
Wed.. March 6. 7 A. M.
L.^^BUADOU. Sangller
Wed.. March *', 6:30 A.M.
FRsNCK, Trudelle
Wed.. April 3. 6 A. M.
CANADA. Frjnguel
PRICE OF PASSAGE IN GOLD (Including wlno):
To Havre— First cabin, $!00; second cabin, * ,^; third
cabin, $35 steerage, $;!&— Including wine, bedding and
A G K N l-i I'D i;
^Vaaliluartoii ItltllH, Clilcopoe nfg Co.,
Kiirlliistoti Woolen Co.,
fillerton
inillii,
New
Co ton mills,
Saratoga Victory Mfg Co.,
AND
Hosiery. Sliirtx and Orawem
Atlaiilfc
&
;
J
utensils.
To Plymouth, London or any railway station In
England— First cabin, $90 to 1100, accor:ling to accom-
From Various Mills.
YORli,
BOSTON,
White Street.
15 CaAirHUET
PHILADKLPHIA,
DAYTON,
W.
2:« CussTNt'T Street.
NKW
45
Brinckerhoff, Turner
cabin, $C5; third cabin, |35, steer
; second
age, $27, Including everything us above.
Return tickets at very reduced rates, avallabl
medatlon
&
through England and France, steamers marked thu
• do not carry steerage passengers.
For passage and freight apply to
I.Oi;iS
ST.
DEBEBIAN,
Co.,
Mannfactur-irB and Dealers la
Agent, as Broadiray.
_
COTTONSAILDUCK
BT-MONTHLY SKRVICK TO JAMAICA. IIAYTI
COLO.MBIAand ASPINWALL. and to PANAMA and
SOUTH PACIKIC PORTS (vhi Asplnwall.)
And all kinds of
OTTO/I CANVAl.. FELTING DUCK, CAR COVKK
INO, BAGOINO,RAVENSDUCK, SAIL TWINS8
ftC. " ONTARIO" SEAMLESS BAGS,
AWNING STRIPES."
Atlas Mail Line.
Fiist-class, full-powered. Iron
For Kingston
ETSA
screw steamers, from
'
{.Jam.)
and Raytl.
Also, Agents
ATLAS..
March 4
For naytl, Colombia, Isthmus of Panama and South
I
United States Banting Company.
Paclflc Porta (via Asidnwai-J,
CLA' IBEL
I
AILSA
March
16
Superior hrsi'Cjass nassenger accommodation.
PIM, FORWOOD ft C0» Aeents,
Tfo.MWall
A
lull
supply
Wldlhi and colors always
all
THE OLD RELIABLE
Stonington Line
BOSTON,
FOR
AND ALL POINTS EAST.
Not a Trip Missed
in
In stock.
No. 109 Duane Street.
treet.
George A. Clark
&
Bro,
7 Consecntive Yeare.
THE ELEGANT STEAMERS
STONINGTON and
4-30
"
I*.
M 'of
RHODE
ISLAND.
""".y '''"" ^'^" ^' North River, fo«
Jav
street.
STEAMBOAT E.Kl'HESS TRAIN WILL
LEAVE STONINGTON AT 4-JO A. M.
Hereafter the
Broadway and
State-rooms and
Wcstcott Express Company In New
York City and Brooklyn. Altu tickets for sale at all
at all offices of
miLTirARD'S HELIX NEEDLES.
400 BROADWAY, NKW TORK.
hotel ticket-offices.
Alden Gaylord,
St.,
DlC^LKn IN
per
BKTWEEN
KEVr
New York.
33 TVall
1
Share?.
Mar);in,
Sbaree.
Margin, ino Shares.
tickets secured at36S
11, 1878.
KENNETH
Co.,
6c
Kcpbbsentbd Br
25
SO
Mail Steamships,
place.
New York,
BOSTOW.
2,6.14.
The General Trans-Atlanlic Com|lany'^
Keferee.
STATES CIRCUIT COURT,
UNITED
SOUTHERN DISTRICT OF NEW YORK.— In
N. T.
Parker,
SlianKliai,
OLVPHANT
Direct Line to France,
GEORGK TICK.NOU CUKTIS.
place.
WiTEE ST,
N. ¥.,
St.,
Pier No.-il. North River.
The Bile of the above-deecrlbcd poperty heretofore advertised to lake nlttcc on the twenty-ttr.-t uay
of January. 187^, at 12 o'clock noon, at the Merchants'
£xchange ^ale8room, No. Ill Hroa .way, In the City of
New York, was then and th're adjourned to Ihe
twenty-fifth diy of March, is;s. at the same hour and
J»., 105
SUPER-CA RRO-V./ITE
i
New York.
T.
Caaton, Chiua.
O S V \
;
TCBNEH, Lek
KOMK,
Steams^aips
Merchants* Exchtnge Salesroom. No, 111 Broadway,
In the City of New Yorie, by licniard i?inyth, Auctioneer, I shall proceed to eeil and f-hall rcII at public
auction, to the highest bidder, for cash, the following
described property: Alt and singular the railways of
the said company, from and Including Plermonton the
Hudaon Klver toand Including the final termlnusof
»T.
'•onK
1114
blocks from the Indicator on
Margin,
.
COMMISSION MERCHANTS,
^
S2S
$50
the said judK'iient and decree, belnjc the same m<irteaKed, or Intended so to be. to the plaintiff, the
Farmers' Loan & Tru-t Conipanv, by a mortgage bearing date on the fo rlhdayof February, A.T). 1874, do
hereby give notice that on the iweniy-ftfth day of
March, In the year li"7^, at Vi o'clock noon, at the
the said railway 4in Lake Krie, and the railway known
«8 theN^ewburiT Branch, fri»m Newbury to the main
tine ; and alNO all that part of the railway deslKnatcd
as the liuffilo Branch of the KrIe hallway, extending
from Hornellsvlllo to Attica, In tlie State of New
York and also all other railways belonging to the
company In the Statesof New York, Pennsylvania and
New Jeriiey,or any of them, together with ail the lands,
tracks, lines, rail*, bridge?, ways, buUcilngs, piers,
wharves, structures, erections, fences, wall*", fixturee,
franchises, privileges and rights of the said compaay ; and also all the locomotives, engines, tenders,
cars, carriages, tools, maciilnery, manufactured or
unmanufactured materials, coul, wood and supplies
of every kind belonging or appertalnl'g to the i^ald
company: and all tolls, Ineunie. 1-sues and profits
fcff^lng out of ^ald proiierty. and all rights to receive
or recover the same ; also alt the estare. right, title
and Intcresr, terms and remainder of terms, franchises, privileges andrlghtttof action of whatsoever
name or nature. In law or In equity, conveyed or assigned unto the New York & Kne lailroad Company,
or unto the Erie ll^liway Company, by the Lulon
Kailroad Company, by t'le Buffalo New Vork & Krle
Kallroad Company, by the Buffalo Bradford &, Pittsburg Itallroad Company, by the ochestcr ft; Gene=ee
Valley Hallroad Company an 1 by the Long Dock
Company ; also all and singular the c/tone/i in action,
stocks,
bonds, book accounts,
bills
receivable
and other evidences of indebtedness, lease'iota esutes, contracts and other property In the said
Juditment mentioned.
Given under my han'l at the City of New York, this
twenty-firbt day of January, A. I). 1878.
GEOKGK TiCKNOU CUKTI^ Referee.
New
63 Rroadway and 21
.iB..
It
St,
Hong Kong.
Olyphant
BROAD 8TRSET.
Hickling,
John
suant to a juigment and decree of foreclosure and
sale, re ndiTod a-.d entered Ht a Special Term of the
said SupriMue Court In the above-entitled action, on
the seventh day of Novembxr, A. I>. 181'*, I, Georgre
Tlckuor t urtiH, Keferee. ap olnted tnereln to sell all
and flnirul .ik-ihe mortgaged prenilBes, franchises
and propt-rtv, Imth rcil. perduiial and mixed, mentioned In the coiiiptulnc In this action and inentfoned In
ft .Mci-'r.uKK,
Plalntlfr'a Attorneys,
'iu Nansau street.
Office,
Post Office Box
Seonrltlg«
ri'Uie
Water
105
14 Exchange Place,
A SPECIALTY.
Bonglitand Nold
on one per cent margls'
of one per cent on 10 shares and
W. I'O.MEROY
COMMISSION MERCHANT,
STOCKS
O AS
8.
Charles E.
mey
AT THE NEW STOCK ^XCHA^GEOF
jSALK.— ^u;
J.
Stocks,
80
33.
Repretented by
i
Represented by
Geo. H. Prentiss,
Co.,
1
J
W. POMEROY
B.
A SPECIALTY.
38 Broad street
Dated
Head
CAUBROK.
JA8.
W. A. Evans &
1-16
Bailey,
Cash paid at once for the above Secnrltlea ; or
wtll be gold on commlBglop. atgellcr'g option.
SECIJRITIBS.
All active Stocka dealt In
Central Street,
Hong Kong &
lYALL STREET.
Insurance
ATTENTION GIVEN TO THE NKGOTIA
TION OF
Coir.mlssloR
npwartlB.
MURRAY FORBES,
oU
Dealings In
34 Pine Street, Neiv York.
RAILROAD
Boston Agency,
.1.
Shanghai
Banking Corporation,
q. St. JOHif 8nByr«l.p.
S.
65
BANKER!),
Sl'ECIAL
Oeawt.
Co.,
Hone KonK.
Bouiht and 8«ld on CommltiloD.
VIRGINIA STATE
&
Russell
MISSION illERCHANT*
C Oni
York,
COUNTY BONDS
ALL CLASSES OP
DTVESTMENT & MISCKLLAMKOU8 8ECIT.ITIE8
Bders by permission to W. S. Nichols * Co., Bankers
PROVIDENCE
LINE.
S.
W. ROSENFELS,
FREIGHT ONLY FOR
Providence, Worcester, Nasbna and
all Points Nortli.
EXPORT COMMISSION MERCHANT
Steamers leave.
Prodnce, ProTlsions and Nayal Stores,
A-an
l.wif
Freight taken
L.
29 North River (foo
^jj >^„rren street.)
via either line at loweatnUci.
D. S. BABCOCK, President.
from Pier
I*
Mr. TW
.^«. "ally
W. FILKINS, General Passenger Agent.
IX
39
r, O.
Box
BROAD STREET
21SS.
NEW
TOKK.
:
TOE
ryi
J.
&
Kennedy
Buy ana
sell liallroad
Tlie most
cniiuent
ilvlns autliors, tuch as
Ht, Hon. AV. E. Glad<iioue, Fref. Max Mailer, I*rot', 'I yudall, Dr.
VX'. B. Carpenter, R. A.
Proctor, Prof. Iliixley,
Jas. A. Proudr, Edw.
Fraiicea
\. Preenian
OFFICE OF THE
ST.,
ATLANTIC
Investment SecuMtlcs. Col-
Coupons and Dividends. Negotiate Loans and
draw Bills of Exchange on London.
Agents for the sale of STKEL HAILS made by the
lect
Cambria Iron Cmnpany,
JOHSSTOWN,
Publications.
C'\,
BANKERS AND MEUCHANTS,
41 CEDAU, CHR. WILLIAM
Neiv Ti'orli.
Vol XXVI.
Insuraince.
Commercial Cards.
S.
OHilOi^lCLR
Co.
Mutual Insurance
J'E.SN.,
AND TUB
EOgar
Steel Co. (Limited),
Tlioiiii)Son
PinSBUllGU, PENN.
Allbusiness relating to the Construction and EquipTTient of Kallroads undertaken.
New York, January 23, 1878.
The Trustees, in conformity to the Charter of tbe
Company, submit tlie following Statement of its
December, 1877
Premiums received on Marine Risks
from let January, 187", to Slst Deaffairs
on the
31st
:
1st
JOSEPH GILLOTT'S
.
SILK
,
|)
-tented
Life
same period
Returns of Premiums and
Expenses. ..?947,!i23 86
2
50
The Company
ftreet.
lias
tbe following .\sset3, viz
:
New York
Stock, City, Bank and other stocks. $' 0,56 j,9:'8 00
Loans, secured by Stcck-s and olber1,163,3C0 00
wise
Real Estate and claims due the Company, estimated at
Premium Notes and Bills Receivjble.
Cash
suranoe.
in
617,436 01
1,761,393 63
Bank
355,38102
Total amount of Assets
$14,368,351 66
Six per cent. Interest on
the outstunding
be paid
to the holders
thereof, or their legal represent itives,
on and
after
Tuesday, the 5tb of February next.
and Mer-
cantile Ins. Co.,
OK
LOXDO^i AM> EDIJVBVROII.
IS 09.
IN
UNITED STATES BRANCH:
54 William
St.,
Cor. Fine,
New
York.
Called in and paid np Capital ....
interest thereon will cease.
7th of
May
By
Invested and Ca9hFireAssets.$8, 500,185
Subscribed Capital, for whicli tbe
Stockholders are ptrsonally lia-
notyotciiledia
Reserve for total Liabiliiies,
E.
P.
BLADGE.N,
Makagicks.
ORGANIZED APRIL IZTf
1842
_,
December,
is
dc
Company
1817. foi
which
H.
CHAPMAN,
D. Jones,
Secretary.
Charles Dcimis,
Lewis
Charles H. Russell,
James Low,
Gordon W. Burnliam,
David Lane,
Daniel S. Miller,
Josiab O. Low,
Royal Phelps,
C. A. Hand,
William II, Webb,
Francis Skiddy,
Charles U. Marshall,
Robert L. Stuart,
Frederick Chauncey,
II L race Gray,
ISsi.J.S.WINSTON, PRESIDENT "
of
"Es EVERY APPROVED DESCRIPTION
.
IIFEXnS ENDOWMENT POLICIES
OHUfiMS AS FAVORABUASnoSEOFANYOTHERCM.
Ml $80,000,000.
Elliott,
William
II
Thomas
B. Coddington,
Fogg,
J. D.
\&
a weekly magazine giving
THREE ANB A QUARTER THOUSAND
double-column octavo pages of readiiiR inatcer yearly
U presents In an inexpensive torin, consiaeriiig ii»
witlt freshness, owing to Its
v/Itb a satint actor i/ completenms
and
no other publication,
tlie
best Essays,
Hevlews. Criticisms, Ta ep, bkctclies of 1 ravel and
Discovery. Poetry. Scientific, Biographical, Historical
and Pollt'tcal Intoraial'ion. from the entire body of
Foreign I'eriodicc-I Literature, aiid frum the pens
°'
^'^
ABIiKST I.1VING WRITERS.
" Init
ice find the befit productions of the besluriters
all siibJecUi.reaci!/ to (>u/'/tuMJ."~i'UiUdelphia
•'iDOulrer."
" The choicest literature of the dfit,'."—^ew York
" Trioutii."
pure and perpetual reservoir and fountain of
etitt7-tainmeiU and i«s(ruci<o»,."— Hon.Kobert c WUthrop.
L Cuyler
•' The best periodical tn America."— Theo
upon
"A
D.D.
"And the cheapest. A monthly that cornea every
tceek."—*' The Advance," Cldc;'go.
"it afcrd' the best, the cheapest and mo^t convenieti
me'ins of keepinu ab eas. itith the p* oure s of thought
in ail itsphittes " Pniht ieij liiK " Nunh Anieiieau."
" y^'ith it alone a reader may fairly keep up with all
that is important, in the Uttrature, htastory. politics
and i^cience of the daf/."'-~"'l'ue Methodist," Ne-*- Yoric
•
Ought to find a place in every American Home."—
New iurk" Tune--.'
fiTBListiBi' \\KaKi.Tat$S 00 a year. />*e« 0/ postagt:
or for |i 10 50 The Living Agr and «VAe7- one oi the
—
American jil monthlies (or Uaiper's Weeklv or Bazar)
wlU be sent for a ye&r.both postpaid: or, for^aso,
1'HK IjIvii^g aue and tue Ht. ^icrtolas or Appieton's
Journal.
£S^
To
EXTRA OFFER FOR
!ili
new
18:8. „.^
Bu**Rciibiri for :s:8 will be sent gratia
ronrainingiiK. fl-st Insttihnents
thesis iium be scf
un
uew serial. *' n-iUCA." trnUBlaiea irom ihe Geiof Frauvo-. lugcrfcleber.— the uest work of one
riKUteat auisora of* Gdirmany.
of the btS'- t-nd
ui a
mau
A
new f-torv by th chHrm;ng E'lgUah tuthoroK, M[S5
THAcKKtiAY', plflo apptar* lii tlie same nuuibers,
;
from auvaLce
JONES,
bheete, wlili other valuible matter.
Ad(*ree8
I^lXTEIili
& GAY,
BoKton.
£STABLISIIEI> 1SG8.
THE
W. H. H. Moore,
John
AG«
VINO
be issued on and after Tuesday, the
Adolph Lcmoyne,
".ASHASSETS
ill
Manufacturers'
-19
liable.
SAM.
ToB
more than
&
J.
ano Scleu-
L'.terary
i
TBf;.SXEES:
$780,518 04
956,753
world of the most valuable
m-Jtterol the day. from the pens of the EAislNG
ESSAYISTS, SClK.NTlbXri. CKlTlOt^. utSCOVEK8H3 AND KDITOKS, representing every department
01 Knowledge uiid Frogress.
order of the Board,
J.
Funds, which, Dy act of Parllanieiit, are In a distinct
.and separate dcpartjKcnt, for which the surplus and
reserve of the rire lu&uiancc Department, named
WHITE,
an amount
next.
10
FlreAssetshcldlnthe U. S. ..$1,767,276 53
The above does not Include the Life and Annuity
CUAS.
of the
in-
cluding re-insurance, in the U-S.
K-et surplus in the United States.
above, are not
premiums
$9,545,054 64
ble,
by
i
of Forty per Cent,
for the year ending 3l8t
eertiflcntes will
2,jI7,S28 04
4,(118,630 -0
The certificates to be
payment and cance'ed
produced at tbe time of
Upon certificates which were issued for gold premiums, the payment of interest and redemption
will be in gold.
clared on the net earned
$1,3B3,636 36
Reserve for all otherliabilities, including re-insnrince
NetFi.'C Surplus and Reserve
Tbe outstanding certificates of tbe issue of 1874
wil be redeemed and paid to the holders thereof,
or their legal representatives, on and after Tuesday, the 6tli of February next, from which date all
A Dividend
1860.
Established Dkcemeer,
anil
yeeKly Issue,
atteini)ted by
certifica'es of profits will
ISCORrORATED
ijiiort t«lorh-e
amount of matt-r.
United States and State of
EstablishedA.D.1802
British
aua
LEADING FOREIGN NOVELISTS,
tiflc
$3,563,890 27
00
00
:
North
serial
Iq the
with Marine Risks
Pr minms marked oil from 1st Januay, 1877, to 31st December, 18'i7.... $4,9,3,331 03
Losses paid du'ing the
Flue Silk Umbrellas in great variety.
Umbrellas and Parasols to order & repaired.
12U3 Broadway, corner -2Hh street.
104 Broadway, near Wall street.
77 Fultuu Street, near Gtld.
I
44
upon Fire disconnected
Risks, nor
$1
2
paragon frame
WIIOLESALK
405 Broadway, near Canal
Premiums. $6,751,038
of Marine
No Policies have been issued upon
Smith's Umbrellas.
.
amount
2,040,263 61
Jrtn. 1. 1873, The Living Agr entrra upon iis ISG'h
vclun.e. Durlfgtlie y aritwUl furnisn ro us rea':e^^ the product ioDB 01 the foieuiost auibora above
uanie'i, and many others: embraciug the clioicis:
Unapproached by any other Periodical
STEEL PENS.
G-INGTTAM any-izo
off
January, I8;7
Total
Sold ly alt dealers throughout the World.
GUANACO
marked
Policies not
pages cf
Littell's Living Age.
84,710,665 83
cember, 1877
Premiums on
'ewer Cobbe.Tlic Iluke
IWnlocIi, "WI liam
of Argyll, lurs
Blach, Jean Iiigclow, ffJi»s Tliacte-ay. Mrs. Ollpliaiit, Mrs. Alexander,
tJeerge MacDonald.l'lattUow Arnold,
W. A» . Story, 'lurgueuiff, Anerbacii,
liuskin, CarlyJe, Tennysan, Brc-nrnIng, and many others are represented in the
Curtis,
William Sturgis,
William E. Dodge,
Thomas F. Yonngs,
John D.
Ilewlett,
Charles P. Burdett,
Alexat.der V. Blake,
Robert B. Miaturn,
George W. Lane,
James G, DeForest,
Charles D. Leverich,
Edmund W.
Corlies,
William Brycc,
Peter V. King,
Horace K. Thurber.
Pvcview
Industrial Record.
A MONTHLY JOURNAL,
BEYOTEJ) TO THE TECHNOLOGY OF
TEXTILE ARTS AND DYEING IN
ALL THEIR BRANCHES,
The RECor.D
is
the oldest and beet publication of
language, and has a most
its clags in thcEuia'lisb
extended circulation among woolen, cotton and
eilk mauufact'irer'i and operatives in the United
States and Canada and in Europe.
The Supplement, also published mmthly, con
taius designs and weaving directions for all woolen
fabrics, ginghams, and prints from the newest
foreign eamp'cs, and of original conception. Also
samples of ai,d recipes for itjindard new and novel
effects in dyes and colors. It U indlepenaable to
weavers, designers and dyers.
The terms of Subscription are as follows
UEGORn
SI 50 per annum.
"
Suri'LKTBENT
d 50
"
Publications
5 00
Both
Address
President.
CHARLES DENNIS, Vice-President.
W. H. H. MOORE, 2d Vice-Pcesident.
A. A, BAVBN, 3d Yice-Preeident.
THE INBTTSTRIAL RECORB
IS
V, 0.
Box
CO.,
EXCHANaa PLACE,
1,396,
New
York.
Mahcii
THE CHRONICLE
1876.]
S.
&
For wood
&
Woodward
Co.,
Stillman,
No*. 74
dE
New York.
commissi ON mERCHA.'VTS,
174
YORK.
Xzeoute orders for Future Contrmcu In New York
nd Liverpool, and make advuncei on Cotton and
ther produce conslpned ro
UKNERAL COMMISSION MERCHANTS
LOANS mADE ON ACCEPTABLE
LEECH, IIAKKISON & FOKWOOD,
China, India and Slntcapore.
for the
D.
of cotton.
lilvorpool.
&
Bennet
L.
W.
Co.
&
C. Watts
Co.,
COnraiSSiON nERCHANTS,
COTTON
Advauces made on consignment, and
afforded by our frlemls, Messrs. D.
PellverT-
Stone street.
Farley,
J.
COTTON FACTORS,
COMMISSION MEUCHANTS.
New
New
Advances made on Consignments.
GENERAL COMMISSION MERCHANTS.
&
Co.,
COTTON
coininissioiv itiii:rchant8«
125 PEARL STREET, NEW YORK,
AXD
Street, Boston.
Liberal advances made on consignments. Prompt
COTTON FACTORS
NEW YORK.
LSD
he exeeulloa of
or sale of
delivery of cotton.
orders
contracts for raCurt
LIheral aiiv.'iLces
made on
SENEliAL COMMISSION MERCHANTS
14a Pearl Street,
E
It
•<•
E V
C
Se
Jt
BANKERS AND CCJIMISSION MERCHANTS
No.
COTTON COMMISSION MEIiCIlAJiTS
pool. All Business traus.ictcd STKlcrrLY on Commis
8ION, so that no Interest of uur own can possibly
eonmct witli that of our patrons.
MACAU- -AT.
A. J.
Macaulay
coinraissioN
23
&
Co.,
niERcnANTS,
Future Contracts for Cotton bought and sold OD
New York and
NEW ORLEANS,
C. Johnson
& Co
No. 43 Rroad Street,
New
In
47 Rrond Street.
&
Co.,
Nei«r
NEW
&
117 Pearl
Street,
ly:
iscellaner US.
Wire Rope.
AND
STEEL
IRON of
AND
Inclined Planes, Tran.<)ml8aioD
of Potver, Ac.
Also Oftt-
Co.,
136
Corre
Y'ork.
PEARL STREET, NEW^ YORK.
H.
315
J.
Baker
&
f
PEARL STREET, NEW YORK
AND MANLFACTCKERS OF
Prime tlaallty Chemical manure
Cotton Factors,
VICKSBL'RG, miss.
Order* to purchase Cotton In our market solicited
Kefer to Messrs. SOKTON, ELAUUHTEi: & CO.
New York.
Chemicals for the Vllle formulas, for all Crops
Chemicals for the StockI>ridKe formulas.
Dissolved Hone—Sulphate Ammonia, Nitrate Potash
Nitrate Soda, Sulphate of Pot.ish, Muriate of Potash
Super-phosphats I.Imn
40 per cent actual Potash.
Also, strictly pure ground Bone.
Our descriptive circulars mailed free. The materia
t^r special f erUllun for partlrolar cropr.
Bridges, Derrick Guy8,FerrT
Ropes. Ac.
A large stock
constantly on hand from,
which any desired length
arc cut. tXAT STEEL
IRON ROPES for Mining
AND
purposes manufactured to
order.
J(>ll.\
W. mASON
43 Hroadway,
CO.,
Y'ork.
dc
New
English Cannel,
Liverpool Orrell,
American
Bro.,
IMI'OUTEHa
,
and BBtor
Suspension
jvan'.zed Charcoal
l-ihlps' RliTKinK,
I
New
CHARCOAl,
superior quality
suitable for MINING
New York.
No. 134 Pearl Street,
YORK.
HOISTING PURPOSES.
COTTON BROKER,
KariBKKcis.— Third and Fonrtn National Bank
andPro^i "or. of Tun OF«f>Ntor.w
Tainter,
KOlUfE « BLOCKS),
York.
Geo. Copeland,
NASHVILLE, TKNNKS8KE.
Co.^
Future orders promptly executed.
COTTON BROKERS,
^c^''heless,
& Co
&
Waldron
Hopkins, Dwight&Co.,
COrTON
OOn.-niSSION .nERCIIANT
&
Fntures executed at N. V. Cotton Rxchango
COTTON FACTORS* CO.MMISSION MERCHANTS
BEAVER STREET, NEiy YORK
D. W. Lamkin
f>..,<pr.
York.
COTTON FACTORS & COMMISSION HEKCUANT
,
6c Krohn,
COTTON BROKERS,
9p«clal attention given to Spinners* orders.
Vponileiice suUciteit.
H. Tileston
OOTTON BUYKUS & COM.MI8SION MERCHANTS
60 Stone Street, Ncxv York.
97
COTTON FACTORS & COMMISSION MERCHANTS
Deniiis Perkins
Walter
&
No. 89
Robt. L. Maitland & Co.. GENERAL COTTON mERCHANTS
PEARL STRKEP.
LA.
COTTOU BUYERS FOR MANCFACTUREHS
WBWPHHH. •r«NN.
McAlister
Exchange on the CITY BANK, LONDON, and
lOTTINGUEU & COm PARIS.
oi
Sawyer, Wallace
COTTON BUYEi; AND COMMISSION MERCHANT
53
Advances made on Consignments. Specia attention
paid to purchases or sales of " Cotton Fiiiures. * Hill
Liverpool.
L. F. Berje,
J.
WALL, STREET*
RICHARD3)
and Commission merchant
BROAD STREET, NEW YORK.
(Encce (scrsto
UACACLAY.
WILLIAM STREET, NEW YOEK.
C«*niml8g|')n In
S8
Ne«v Y'ork.
Investment Securities bouRlit and sold. Orders exe
cnted at the Cotton Kxchan^es In New York and Liver
J. L.
Peet,
8c
.
R. M. Waters & Co.,
56 RROAD ST., NEW YORK.
llASKEliS
(Successor to A. L.
.Shlpplns
«»
O. Richards,
E.
Robb
nancbesler and Liverpool,
New York.
coD'
signments.
B0V9IS nt
J
Broad
4-1
COTTON EXCIIANfiE RUILDING,
for the purcuase
NEW TORE.
R. Smi'h &"Co.,
B.
BLOSS & INCHES,
Special attonMoQ paid to
OO.n.HISSION lUERCIIANTS,
<a
Advances made on Con.lgntncnts
Future ConCotton bouKbt aDd sold on CotninlssloD, Id
New Yoric and Liverpool.
tracts for
GENERAL C0AIMISSION MERCHANTS
Knoop, Hanemann & Co
D E
Co.,
JIOOLY & JEMISON),
personal attention paid to the execution of orders for
t ae purchase or sale of conlracta for future de livery."^
COTTON.
S3 KX CHANGE FLACK.
&
jemison
and
Liverpool.
AND
York.
Special personal attention to the pnrchHse and sale
of '• CONTKACTS FOK FUTUHK DELlVKIiY " OF
SI
Cotton Factors
132 Pearl Street,
.3,909.
Co.,
UIVUN
New Orleans.
Ware, Murphy
FINAKGIAI. AGENTS,
all Infonnatloi.
WATTS &
York, and Messrs. D. A.
SJN,(!4 Oaronne Street,
AND
Box
New York and
AXD
purchase or sale of future shipments or dellvenov
Special attention Riven to the execatton of orders
P. (I
In
No. 123 Pearl Street, fiew York.
Mew York.
H.
CO.,
BANKERS, COTTON FACTORS
and orders for tBa
for the DQrcbaae or sale of Contracts for Future
&
on commission
(Successors to
LIVERPOOL,
toUclt. con9lj;nirenta of
FINLAY, mL'IR &
CALCUTTA AND BOMBAY.
FOTCRK CONTRACTS FOR COTTON bought
E. S.
Rrown'R BulldluK*,
ai
K. W.
CO.,
tc
LIVKKPOOL, LONDON AND OLASOUW.
lK>ld
GENERAL
121 Penrl Street,
York.
JAmES PINLAV
nesars.
messrs.
Hie purchase or sale of contract* for future delivery
Forplen marine Insurance
ii
Company of
made on Conalgnmcnta.
LIheral advaacea
Fpccial attention paid to the execution of or,icr8 for
UNDERWRITERS IN NEW ORLEANS
British
New
,
Also execute orders for Merchandise through
AlBO, execute orders fur Merchandlttc In
BnKl<*>><l,
176 Pearl St
ic
Advances made on ConBlgnip«*nta to
SECURITY.
LivKr.rv)<)L.
Co.,
GENERAL
76 Wall Street,
NEW
&
Henry Hentz
BEAHIUCS BANK BULLDlKO.
OENERAL, COMMISSION MERCHANTS,
P. O. BOX 4064,
P. O. BOX 013,
Hetv OrlcaiiM, La.
Cotton.
Cotton.
Cotton.
Pirn,
Til
Now landing ami
Orrell,
in yard, for sale at
ket prices in lots to suit purcba.cra.
lowest mar-
Also,
all
kinds
of the best
ANTHRACITE COALS,
The Trade
enpplied.
ALFRED P.lRmELE,
33 Pine street.
Yard—537 West iBd
streot
—
THE CHKONICLK
rii:
COTTON
SEED TO LOOM.
FROM
1
We
shall issue this
8
Cotton.
F.Wenman & Co
James
COTTON BROKEBS,
No. 146 Pearl Street, near AVall, N.
Established (In Tontine BulWlng)
Edward H.Skinker& Co.
.
raANCHESXEIl
ItA contents will be as follows:
Locomotive
of
irvi>iA.
We
CHAPTER
-Showing the Object and Scope
ia
Chronicle
given in full in the editorial pages of the
to-day.
GRETAS
—
—
—
IV.
—
—
V.
—
XHaDting Cultivation from January tj June How Land Prepared and Seed Planted
Old Lands being Reclaimed— Early Growth of Plant Chopping Out— Securing
a Stand Cotton Plant very tender in Early Life and tough afterwards— Its Early
Enemies and Diseases Crab Grass- Wet May and June Rainfall, Thermometer,
Chronicle Weather Reports and Agricultural Bureau Reports, from January to
June, for 1870 to 1877— Very important deductions from the weather data, &c., &c.
—
—
—
—
CHAPTER
VI.
Summer and
Fall Growth— Formation of the Bud, its Shape, &c.— The Blossom, how it
changes its Color and Shuts and Falls— Formation of Boll Habits of Blossom and
Plant in Relation to Sun Definition of Bottom Crop, Middle Crop and Top Crop
Cotton Enemies in Summer, Lice, Rust, Shedding, Boll- Worms, Caterpillars, &c.
Number Bolls to Make a Pound, &-.— Rainfall, Thermometer, Chronicle Weather
Reports and Agricultural Bureau Rep^rts, from July to December, for 1870 to 1877
Important deductions from this Riview and Analysis of Weather for past
Seasons, &c., &c.
—
—
—
CHAPTER
CHAPTER
Price,
Will he mailed to
ro & 81
B.
07FICE, No.
135
BROADWAY.
SHOWINO THB
Condition of tlie Company on tlie first
day ol' January, 1878.
CASH CAPITAL
$3,000,000 OO
Reserve for Re-lnenrance
1,836,432 31
Reserve for Unpaid Loeees ana
Dividends
256.391 42
1,016,703 02
NetSurplus
TOTAL ASSETS
$6,109,526 75
SUMMARY OF
ASSETS.
Cash In Banks
llonds and Mortf;ages, being first lien on
real estate (worth f J,29S,2()0)
United States stocks (market value)
Bank Stocks (market value)
State and City Bonds (market value)
Loans on Stocks, payable on demand
(market value of Srecurltles, H3;.093)...
Interest due on ist of .January, 1878
Balance In bands of Agents
$161,727 56
2,016,908 00
3,01C,S75 no
254,11'U 06
124,628 00
314,213
6i.2!2
135,201
12,500
Kealestate
Three Dollars.
Dana &
AVilliaixi Streets
receipt
of price.
7,87: 20
Issued at this olllce
Total
$6,109,523 7
CHAS.
J.
J.
MARTIN,
President.
H. IVASHBURN, Secretary.
MTNA
Insurance Company
of h.\rtfori).
INCORPORATED
Total Assets', January
IN 1819.
1877
Capital
$3,000,000 00
Re-insurance fund. ... 1,741,273 43
&
1,
NET
$7,n5,6Jt 42
other
429,114
S>UR°LUS, Jan.
1,
1877.
82—
5,170,388 24
$1 ,945,236 18
JAS. A.
ALEXANDER,
Liverpool
London
Agent.
&
& Globe
45 William
SL
J.BE. PVJLSFORD,
Co.,
New
47
89
13
00
Bremlums due and uncoHected on Policies
Insurance Company,
any address post-paid on
William
NEW YORK,
OF
BRANCH OFFICE:
No. 173 Broadway, Nc*v York.
IX.
This is a very brief summary of the contents of this book. It is a
large octavo volume of over three hundred pajres, containing everthing the
trade needs for reference, and drawing conclusions from tlie experien'ce of
the past, which ought to make crop estimates in the future less difficult
------
Company
Insurance
claims
York and Liverpool,
Coosnmption of Cotton in Europe and the United States— Some Thoutrhts on this
Subject which may ba Suggestive— Also, full Tables and Statistics Showing Past
Consumption, &c., &c.
nncertaiii.
HOME
Unpaid losses
VIII.
Frioas
as of Spots and Futures, for a Linsr Series of Years, at New
with a History of the Influences Affecting Same, &c., &c.
and
CORDAGE,
FOR EXPORT AND DOMESTIC USB
VII.
Gathering and Marketing of Crop— The Influences affecting Market— When and why
a Crop will be Marketed Early— An Analysis of the Movement to the Ports of Each
Crop from 1870 to 1877, and the Reasons for Delays and for Haste— Tables Showing
at Several Points in Each State the Date of Frost, End of Picking Season, Receipts
of First Bales, Receipts New Cotton to September 1, &c., &c.— Also, Height of
Rivers for a Series of Years. All these facts are so arranged as to enable the
jeader to form a correct opinion of the future. This chapter closes with the daily
leceipts and percentages of past receipts for a series of years, kc, &c.
CHAPTER
Bostoj
Fortj-Ninth Semi-Annnal Statement)
Acreage in the United States Yield and Acreage by States since 18G9 Possibilities of
Crops with Acreage given Growth in Acreage illustrated and proved Percentajte
of Production and Acreage in Each State, &c., &c.
CHAPTER
stieet.
GANGS OF WGGINO MAUfi TO OHDKK.
192 FHONT STREET, NEW YORK.
III.
India production of Cotton Goods from Earliest Dates Interesting Review of the India
Export Trade in Goods from before the Christian Era to the Present lime, &c.
Tlie Monsoons and tbeir effect upon and relation to the Cotton Crop Also, the
past Productiou of Cotton in India and the present supply, with a detailed
description of each Co' ton District from xvhich the present supply comes Several
wood-cuts and full Statistics of the Trade, &c., &e.
—
Water
JUTE & TARRED
.UlNILA, SISAL,
Cotton in the United States from the date of its earliest production,
tracing the progress from year to year, with the inventions which gave the
impulse to that progress; also a table of receipts and exports at each out-port ol
the United States from the earliest records down to 1877, &c., &c.
—
—
TreasnrtT,
40
Henry Lawrence & Sons,
HSrtory of
CHAPTER
W.G. MEANS,
BI.OOD,
MANUFA0TUSER8 OF
II.
CHAPTE R
and Tools,
MANCHE8TBH, N. H.
gines,
Superintendent
Manchester. N. H.
I.
of the Book.
CHAPTER
Works,
MANDFACTUKKKS OF
LocomotlTen, Stationary Steam Fn*
have prepared a large Map of India, showing, among other things, all of the
The map is made up from original sources and will,
cotton districts of that country.
w« tMuk, be found very useful.
This Chapter
York.
Miscellaue ouE.
Saturday, March 9th, 1878.
Introductory
New
97 Pearl Street,
Book on Cotton
3i:a^i»
"i
1841.
COMMISSION AND COTTON MERCHANTS,
8
T'
[Vol. XXVI.
York.
Bbsidknt Manager.
@FedFRASER